You really have to wonder at some these analyst reports, who write this stuff.
Deflector last known resource update Reserves: Au 0.3 Moz (2.1Mt @ 4.4g/t), Cu 2.8 kt (1.6Mt @ 0.2%) Resources: Au 1.1 Moz (3.5Mt @ 9.9g/t), Cu 14.4 kt (2.4Mt @ 0.6%)
Mill Capacity: 0.8 Mtpa (million tonnes per annum) - 5.152 Mt / 0.8 Mtpa @ 92% recoveries - 6.44 years - 6 years (rounded down) Adjust 12 month net of depletion = 5 year mine life (without any further drilling)
RED Price at posting:
45.0¢ Sentiment: Hold Disclosure: Held