Ann: Red 5 Ore Reserve and Mineral Resource Statement, page-7

Whilst the reserve for the main pit is nice, I actually feel the most important part of the update is the Darlot result.
115k in reserve means they are likely able to produce 40-50k p.a over the next 3 years which is simply cream for the KOTH processing plant (hopefully the can further expand the reserve, I mean... they have 1.7m ounces in MRE, not even 10% is converted).
600ktpa from Darlot is a bit over 10% of the processing capacity, yet it gives them almost 1/4 of the production profile. While I have been scathing of the Darlot operation when it was a stand alone the mining teams are clearly doing a great job.

Some very... rough numbers over the next 3 years imply that KOTH should be able to comfortably produce above 200,000 ounces.
Yes, FY2024 guidance is already implying 200k+, but above all, I just want to see them hit guidance, nothing more. Great if they beat it, but... RED still has a lot of work to rebuild it's reputation.

I am still a little unimpressed with the KOTH underground. A question for those more into RED, does mining the shallow U/G potentially eat into a deeper open pit resource? As the main pit could go a LOT deeper than it's current 400m cuttoff.