Ann: Taylor Collison Initiates Coverage on Eganstreet, page-25

I think that is a little unfair given the amount of ground still to be drilled and the extensive historical surface mining. Even below Woodleys the resource is still open at depth.

Of course you should never make an investment on the basis of the bull case, but you should take it into account. The likelihood is that Rothsay won't hit the bull case (resources rarely do), but they do sometimes. There is a lot of upside potential with Rothsay.