the company has released a resource update. watso was just...

the company has released a resource update. watso was just looking at a company presentation from a few months ago, and noted the following

golden 0rb.............. 79,000
marda central (cp).. 109,000
king brown........... 14,000
red legs/die hardy (opt) 140,000

total 342,000

in todays report, there are also the following amounts

british hill........... 100,000
battler 26,000
marda central 20,000 (additional to the above)

also in todays report, there is an amount for die hardy (mt king) for 50,000 oz - which probably has something to do with red legs/die hardy - but 90,000 oz seem to have disappeared. - anyway, adjusting for all of the above, then that explains todays figure of 394,000 oz (after allowing a bit extra for king brown).

watso would have to double check the prospectus, but he cannot be bothered. however, watso can not see any recent drilling results for "british hill" and wonders on what basis the 100,000 oz at british hill is based. also - how does 90,000 oz disappear from red legs - die hardy.

there does not seem to be any reserves attributable to adromena, where they had recently done some drilling

sorry - just some rambling, that may, or may not mean something