Hartley says are probably more than just 4 years ...
Pantoro
"We see potential for immediate extension to the known orebodies at Nicolsons. An independent evaluation has concluded that the total resource potential of the Nicolsons mine is ~500-750koz (currently ~163koz). This independent evaluation and our site visit suggests the Nicolsons mine will most probably be similar to other underground gold mines in Western Australia which continue to operate with a rolling ~3-4 year minelife for ~10 years. It appears that the current reserve has been doubled on the currently developed levels by virtue of the reserve overcall achieved to date.
Initiate coverage with a Speculative Buy recommendation"
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- Ann: 31 December 2015 Quarterly Report
Ann: 31 December 2015 Quarterly Report, page-15
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