perspective, page-12

just spoke to Ian super quickly - he is abt to do a BRR pres.

only asked 1 question before BRR rang - what is the deal with 1mt production?

answer was that the mining engineers use a program that optimises based on 1. prod rate, and 2. reserves available.

now, given we are at 4.1mt of DSO, the program wouldnt work if you said 3yrs at 2mt. Not enough reserve. So the DFS was only able to show the lowest end production rate (1mt) so it could signed off by the contractors. The reality is that there is drilling to be done asap to add reserves to the inventory, which will lead to higher optimised production levels.

So, IMO, we should consider 1mt as the worst case scenario, not at all the likely scenario.

Hope that helps.

Looking forward to the BRR pres.

cheers
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