Interested to hear thoughts on the ore reserve for T3 that will...

Interested to hear thoughts on the ore reserve for T3 that will underpin the investment case. As reference we had 21mt @ 1.02% Cu in the PFS - which using $3/lb, 76c AUD, 8% dr, and 2.5mtpa throughput yielded an NPV pre-tax of A$370m.

The 21mt was based off the JORC from August 2017.. and a 0.34% Cu cut-off. It was basically 85% of the measured resource and 89% of the indicated. The lastest jorc in July 2018 showed indicated resource of 37mt @ 1.14% Cu at 0.4% cutoff and they’ve since done further infill drilling. Grade is king in these deposits. I’d love to see the reserve up to say 32mt @ 1.1% Cu (DFS modelled as 11 -12 year, 3mtpa operation) but a lot of that high grade stuff probably sits outside the pit shell and more in the veins that will go into the UG mining study. Thoughts??