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12/02/16
12:49
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Originally posted by Justis
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In the AGM presentation the positive reconciliation is mentioned though at that time it was double of the reserves model, the last quarterly mentioned it is now 4 x of the reserve model.
Page 24 of the AGM presentation mentions remodelling of the smarts underground and image, interesting there is a big area between the smarts 3 & 4 pits above the underground recourse that has some good drill results. This is all outside the resources model and current pit design and I am thinking it will be accessible via open pit.
Factor in the positive reconciliation and LOM improves even before the smarts underground.
The positive reconciliation has been identified by the grade control drilling and from what I understand they are investigating to understand the ore body better. All positive IMO
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Yes I think we have the very real possibility of experiencing big surprise to the upside...