Yeah - always a battle between being sensible/conservative in your assumptions and underselling it. As long as these guys keep on underpromising and over-delivering on the project I am fairly happy with being a bit conservative as I expect some wild market volatility and irrational market overreactions to every bit of macroeconomic news in the foreseeable future. This will make all commodity prices pretty volatile and unpredictable including gold.
Ann: 2025 Unearthed Natural Resources Conference Presentation, page-6
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