this time will be different!, page-15

Increase drilling? Drill what exactly? More holes in the bottom of their existing pits? They made their entire site exploration team redundant last October. And there hasn't been an exploration rig operating for over 9 months. Now the exploration manager has resigned. It certainly is different.

Anyway, how are you calculating 4 years of reserves? Didn't the project only have approx 4 yrs life at the beginning. With only minor resource upgrades during that time, coupled with 3 years production already, leaves only 12-18 mths. Maybe that's why it is only 17c.