Other thing I am missing its only 60% owned... The debt would be...

Other thing I am missing its only 60% owned...

The debt would be factored into the $60 price per ounce though wouldn't it (ie it factors in all costs of extraction, including the cost of funding)?

On the open pit ounces versus in the ground, I guess that is the guts of my question....you wouldn't value the in the ground as doesn't it hit a point where it is uneconomical to extract. I am trying to understand where you slide the ruler between the 890k and the 2,398.

So if how I am reading it is correct, we are at or around fair value when everything is washed through, and the next value inflexion point is the completion of the DFS and anything else we hear is pretty-much static...