so who has taken the time to read the full SRK report? not me, but i got through most of it. importantly it is a high quality piece of work that should give confidence in the numbers reported - and it spells out the path forward to upgrade the deposit from resources to reserves - only about 600 holes to outline 3 years worth of mining at 10mtpa. thats only a single season of drilling.
upside? certainly not the 1.1bt that brgm calculated, but i did find this concluding remark humorous.....
haha, only a couple of hundred million tonnes of additional resources
time for me to liquidate some non-performing assets and get amongst this one......
CAY Price at posting:
24.5¢ Sentiment: Buy Disclosure: Not Held
