1. Yes. Today, the Market has it valued at just over $2B
2. No. It is the level at which the consultants preparing the JORC statement of resource believe there is a reasonable chance of mining economically. The level of uncertainty for Inferred resource is rather high and for Indicated a bit better but still uncertain. Nearly all of the resource assessed so far is either Inferred or Indicated.
3. The forthcoming SS will give you a better indication of the company's expectations, albeit still with a high level of uncertainty.
Ann: Chalice Responds to Media Speculation, page-50
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