this time will be different!, page-25

Hey Rodney

Very good comment! Reserves vs Resources - the most important thing to distinguish is Indicated Resource vs Inferred. Basically Indicated means we are very sure after multiple RC drilling, which is currently at 7.5Mt and Inferred which means we recon we have X amount of resource because we have only drilled 5-10 drill cores, which sits around 1.4mt.

So they have done the hard work and very good "Reserves"!

The most accurate is Measured, but to get to this level would cost another $80m why bother when you are already in prodn.

And Rocket, Mate I hold a few of these TTY pearlers! They should kick back up to around $1 again! Then we can cash in and have a beer or thousand to celebrate! Dont worry about Dream Takers like Stikman!