I calculated that given your suggestion of a lower cut off grade(0.5gt) the resource
would have been 699,000 ozs (say 700,000 ozs)instead of the ann. 562,000 ozs.
Anyway we must bow to JP's greater judgement on these decisions.
In other words he prefers (for industry credibility)to be conservative ie "under promise,
over deliver" which the market loves.
Irrespective we're well on our way to the 1m oz target-will be a great Christmas
present for us s/holders.
IRC Price at posting:
15.5¢ Sentiment: Buy Disclosure: Held
