RED 12.3% 32.0¢ red 5 limited

I have not gone back to confirm the figures so taking it that...

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    I have not gone back to confirm the figures so taking it that the values stated by HoM are correct.

    2.0Mt @ 7.4g/t is 476k contained ounces.
    3.8Mt @ 5.8g/t is 464k contained ounces.

    So there is really no change in metal content; the estimate by wire framing at 1g/t has just smeared things out.

    I know I would prefer to extract and process 2Mt rather than 3.8Mt for the same metal.

    Be interesting to see what comes out as a reserve.
 
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