is there an issue, page-8

Phil K

How would Bob expect to mine 400 - 500 tpa (1 mlbs pa) when the resource is only 2,100 tonnes?

Would this not lead to higher CAPEX to meet the higher annual production but be less economic due to a short mine life?

For example, mining 200 tpa would result in lower CAPEX.

Did you have an idea on the type of capital required and the cost of that capital?

Is there exploration upside to reach 5,000 tonnes?

Thanks