30.3 mt @ 1.70% cueq, page-44

Brett...I just watched the video and WM said the plant will be constructed to handle up to 5 to 7 %...
not quote "WM said on his video it will be more like 5% to 7% where he starts mining."

Unless I have the wrong video.

http://www.youtube.com/watch?v=rlBOD1OsbdY

He does say he expects the grade to be better than 2% in the first 4 years.....but how much more than 2% is the question...if at all...still a mystery unless you go by the JORC! Decreasing grades after 4 years

Looks to me an average of 2% over 10 years may not be unreasonable or an income of $480m pa ($8000t) before opex, tax, interest if any, exploration and capex for lowgrade plant upgrade..

Or have I got it wrong..