Open cut.
Ownership is broken down as follows:
Alluvial
50% + (50% of 40%) = 70% of free cash to LOM until our alluvial exploration expenditure has been recouped. After that we get 40%.
Kimberlite
39%, reducing to 30% after we recoup kimberlite exploration expenditure.
Ann: Quarterly Activities Report-LOM.AX, page-35
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