This was a good quarterly report. Very little fluff and mostly focused on substance and quite punchy. The focus on metallurgy in this Ann is a good thing as that can sometimes be the fatal flaw in a project. The emphasis reflects management's confidence in the economic viability of the project.
Interestingly, the insitu $ value of Lewis Ponds is expected to be almost 1/3rd of the current KNP high grade zone (used to be ~1/10th). So Lewis Ponds is no longer just a side show.
Ann: March 2017 Quarterly Activities and Cashflow Report, page-17
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