Jeff, you are quite correct in your statement re the resources, but they are all very much on the conservative side as they were last remodeled on a gold price close to about a third of what it is today. At the time, early 90's form memory, it left the owners of Paddington with less than a year of reserves and paddington was to be shut down. But, year after year, against the odds, with smart planning and execution, paddington out performed all expectations. It should be no different now as NGF have adopted the current mine plan from Barrick and are looking to improve on it! The new reserve/resource statement due out in march should be interesting......
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