no progress in over two years, page-21

I would expect to see some expansion in the Stinger resource (closer to 1 million oz) when the DFS comes out in January, and possibly a little extra at Nogbele. Will obviously get a reserve, although a reserve for the potential heap leach material may have to wait until heap studies are complete.

Probably see another resource revision in late 2013, with additional step-out and selected deeper drilling, and Ouhiri if the much delayed (which I'm not happy about) results due out shortly do actually indicate there are some coherent reasonable ore obodies along the shear zone. A revised reserve would also presumably come out them. Hopefully see resource of 6 million oz, with reserve of at least 3 million oz in 12-15 months time.

I guess opex for the 2million tpa plant would be 5-10% above the larger plant due to simple economies of scale, but presumably they might use the higher grade ore in the first couple of years to pay back debt quickly and make it easier to refinance the expansion. Not sure whether the first couple of years will be predominantly oxide ore - given it will be at surface, but they may which to blend from day one - if so, plant could prrobably have throughput at 10-20% higher levels with the softer oxide ore.

Anybody know what the average weathering profile is across the various deposits?