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Ann: RIU Sydney Resources Round Up Presentation, page-55

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  1. 376 Posts.
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    There is little point in proving up an ore reserve of more than 30 m tonnes other than to test drill other licences for better quality sand to fullfil expenditure requirements. What's the point in having 250 years of supply at 5mt/ year? It is. poor use of capital IMO.
 
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