Ann: Kat Gap Gold Surfaces, page-31

"Justify" won't reflect what the market might do if and when this outfit gets into production. Test mining will extract the top few metres of their orebody and they will probably be crushing the lot. If the sample crush is any guide, they will be crushing to sub 200 mesh. If there's enrichment in the near surface, it will most likely show up during this phase. No doubt they will rush to publicise the sort of grades this will indicate but it won't be indicative of the orebody as a whole. Won't stop the market reacting though.