clarification

I hold URL and after the panick on friday I found myself down $16k. The BFS sounded good to me and fairly much in line with forecast. A lot were stating they had down graded resource estimated of anywhere from 30 to 40%, also that capex had increased upto 45% more. So I decided to re check the info. As far as I can see on the 21/2 (asx release) URL stated a resource upgrade of copper to 240,000t, the BFS states 289,000t (34000tpa x 8.5yrs mine life), thats a 20% increase. Also capex was originally quoted at $254.12mill., BFS states $338mill. Management found it financially beneficial to purchase mobile equipment at $48mill. rather than contract mining. So if you allow for that, capex has really only increased 13% to $290mill. I think this is a smart play having a one off cost for equipment rather than 9 yrs of contract fees. I know we have a lot of disappointed holders but I don't think it is bad as most make out, infact IMHO I reckon this will be a winner. It will be interesting to see how long it takes the market to come around, a week or two?
These are just my thoughts and would appreciate feedback based on fact & research, good or bad. Thanks.