ok....but why..., page-3

Hmm here is the post with out the diagram

OK,

So perhaps I am the only one not clearly understanding this.

The attached is out of the Renounceable Issue Presentation. [table of NPV and Capex]

So they come straight on the the high grade material on the north end of the pit

then continue down hill until presumably the strip ratio gets to big.

So why is the capex for the pd and non pd (case 1 and case 3) similar?

If it was all in the processing then it would show up as capex right as you can spend the money with out a facility to spend it on.

So if you mine the whole triple zone on a pit as shown on the next post, why does the irr drop so much?

Thanks,
Michael.