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Ann: Arrowsmith North Mineral Resource and Ore Reserve Update, page-4

  1. 4,328 Posts.
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    So as I read the Ann. There is confirmation of 6 - 7 years of production and the ramaining estimate is now probable rather than estimates which is good news.
    Also, the production imetable is as it should have been from the start. That is, stating it by year number rather than the actual year. So Bruce has listened. That's positive.
    The downside is that there is only 1mt production scheduled for the first 2 years. That is to be expected except from some posters here who thought it would be whammo from day dot.
    That timetable is probably the best and most honest one we have seen.
    Overall, it is probably one of the better Ann's we have had. It should also lead to cementing customers once the epa (waiting, waiting) comes through.
 
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