Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-344

And I'd agree you are right in return, with maybe a little caveat..

The cross fault I'll wager is possibly a sugar hit play for the market only.. Grades excite we see it often enough.. But you are correct in that whilst it may look good it won't add to the immediate resource in real M&I terms

And whilst I agree entirely with what you say, it seems production doesn't always light up the market.. Quite the paradox really & all rather frustrating at times.

So I think there may be a duel strategy in play whereby you add ounces for the value investors (hands up here) at one end & use your juicy high grade cross fault to build excitement at the other..

I've not seen a jnr so close to free carried (by LHBM) production, trial or not. Whilst sitting on 260k oz of amenable shallow ore, a $4m break fee if the perverbial hits the fan, a years runway of no "CR coming" calls ahead of them & only 229m soi, 43m of which AP owns & languishing at a meagre MC..

it's not logical & there in lies the real crack hit that only multi x's can deliver as the 5, 10 20k pips start clocking over..

Something says AP has known what he's sitting on for a long while..

And therefore why rush when you already know how it plays out.. He always seems to be looking pretty chuffed in photo's. Anyone noticed?

gltah h8tey..