Ann: Maiden Blue Spec Reserve underpins expansion for Warrawoona, page-18

The raw numbers are underwhelming but they work and they add something to profit and cashflow.

More importantly though the sulphide circuit project provides the infrastructure to add more ounces at much less cost. It sets them up.

@markyess was suggesting to someone the other day to re-watch the recent Crux interview to get some Q's answered. I thought I would re-watch again too. One comment that stuck out to me was DR saying they are not making decisons for shorter timeframe profits or SP moves, they are making all their decisions with medium to longer term success in mind. I think this BS/sulphide circuit is one of those longer term prudent strategic decisions.

PS: I bought a few more yesterday at 50.5