Everyone running 61koz through your cash flow model for mining of the open pit is somewhat flawed.
If you look at the cross section on page 2 of the announcement only the majority of the 'red' part of the resource optimises into the pit. The red section is the Indicated part of the resource.
Let's now go to the resource table on page 5 of the announcement and we can only include the Indicated portion of the model for mining, ie 37koz, and as a small proportion of that is outside the pit shell, let's go with 35koz.
Therefore 35koz is what you should use for your cash flow model.
Yes I know this is a good start, etc and hopefully with further drilling of the Pansy Project will add resources and add further value but I just want to temper everyone's enthusiasm in your financial metrics following this update.
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