The COS % don't look too bad, Can't remember what Mukuyu 1 and 2 were originally but I believe much lower?
Plus these resource estimates would have all the Mukuyu drill data baked into it, so the figures are a lot more accurate than the 20TCF initially provided for Mukuyu. Why do people keep comparing it to the 20tcf... we already know this figure is dated and doesn't stand anymore...
I would also assume that these estimate figures out east are more conservative and will likely be expanded upon given that we have such limited data so far. Assumption is that there would be less estimates and assumptions used in the modelling and will have direct data from previous drills.
IVZ Price at posting:
7.7¢ Sentiment: Buy Disclosure: Held
