30.3 mt @ 1.70% cueq, page-117

Denial,

While I agree with most of your comments made in this thread, did you or anyone her consider that the prices quoted at $3/lb copper and $1200 for AU, could have been based in USD$ back when they were made, and not in USD$/AUD$ with the current position today.

For, IMO, talking about prices today could be a little premature, because,
A) We haven't started mining as yet (although we may will be by the end of September if all goes to plan), and,
B) we dont really know what the exchange rate of our dollar against the USD$ will be when that happen.

Take in consideration what the AUD$ was against the USD$ when those prices were quoted, and then convert them to today's currency prices, and you will find out what I mean.

As for the reviewed JORC figures, I am vey happy with them. I am still waiting for more results though. Especially the ones that should be due around now.

Good luck mate.