I commented in another post about this part of the Quarterly
"A new resource estimate for the main Morila pit was completed after the close of the quarter and as at the date of this report is undergoing peer review and other checks prior to publishing."
As I said in that post, they wouldn't bother doing a peer review if it was just a small increase
It just dawned on me, one of the triggers for the Performance shares to be vested to the Directors is a JORC resource > 2m ozs
Do you think they'd put out a Resource update triggering the perf shares if it didn't have some sort of crosscheck?
I'm looking forward to the update, 2m Oz would be huge, guaranteeing a significant mine life
ps they need 2 triggers for the perf shares to vest, mining beyond May would be a probable 2nd trigger.
Add to My Watchlist
What is My Watchlist?