Sorry ant - I was just typing from memory. I remembered the 1.6bt figure and thought it was beneficiated down to 1bt.
Even at 700mt, at 40mt/year, it's enough to keep them busy for 18 years.
I am confident they can further prove up Marillana's reserves + add to them from other tenements, which will give them extended mine life, probably well beyond what we can imagine.
Either way - the amount of ore they have wasn't the point I was trying to make!
It was that in the past, management have been conservative with their estimates, and well and truely delivered without constantly spruiking to the market. :)
The same quiet achievers will get us our rail agreement sometime in 2010.
BRM Price at posting:
$3.76 Sentiment: Buy Disclosure: Held
