Ann: Noosa Conference Presentation, page-125

I agree, it's just with all this talk of "what will move the share price" I thought mentioning how the market saw 50mt = 20c earlier in the year at a lower copper price was the best example to give with the most justification behind it.

I personally consider it pretty likely we can hit 50mt based on the fact we have results from last year that could not be incorporated into JORC but we know they're there, plus this year we're doing 20,000m of drilling and we already visually can see that it's hitting copper and expanding zones. To what degree is the question.

That way we can have a very realistic expectation of what would be required to hit 20c, with no additional de-risking or high grade hits at surface/depth which would obviously spice things up.