"the total reserves are about $1.16million oz now, whats so...

"the total reserves are about $1.16million oz now, whats so wrong about getting reserves to 1.5m oz and extending the mine life from 8yrs to say 10-12yrs.
Isnt that a good tactic to do? "

not at the expense of diluting the s-house out of shareholders IMO. This is the 1st management decision I have disagreed with. I will take up the offer but reluctantly so, as someone else mentioned I can probably buy cheap on market atm.