ann: quarterly activities report out, page-17

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    I’m reading a research note on another gold company.
    It states;
    “The average grade of the resource is a point of note; at more than 2 g/t it is substantially over the average grade of WA gold projects with more than a million ounces.”

    If 2g/t is substantially over the ave grade of resources with more than a mill ounces, then how do you describe OP at 10g/t open pit?
    We will likely hit at least 7-800koz in a week with OP.
    If we define just 2-300,000oz of 3g/t plus resource for Buccaneer through this optimisation study, we will have our million oz resource with a 1g/t cut-off for a grade averaging around 7-8g/t combined and 10-11g/t for OP which would make up the bulk of the resource.
    ABU would have a resource with “substantially over” quadruple the grade of the average million oz WA resource, and a big chunk of it will be very high margin, open pit.

    Wake up Australia.
 
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