Ann: Change in substantial holding , page-19

The PFR is a statment to the Regulator and public on the capacity for the resources to be mined profitably.

Some nervouse nellies thought it a good time to profit take.

Let's hope they can get back in without too much of a loss should there be a substantial hike.

It would be just a little hard to accept the report would contain any fact (in terms of its thrust and effect) that could now contradict what is now in the public domain.

On the topic of the public domain most would not appreciate that Mt Kare is located not far from a major gas and petroleum field to the South.

Would be intersting to see this in the report because the cost of fuel is a huge componant in mining going forward.

I expect it.

Condensate (as a deisel) from these wells is very cheap and can be used as a fuel for plant and turbine (electrical) power with the residual heat being used in the benification process if preasure leaching is considered at a later stage of production (and should the dist be no-refractive.

That does not seem to be the case however there may be gold bearing sulphides ddown below.

Pretty important to have a ready supply of cheap reliable fuel when your running a mining operation.

THE WHOLE PURPOSE OF THE PFS IS NOT TO BE "POSITIVE" OR "NEGATIVE" BUT, RATHER, TO DEMONSTRATE THE PRACTICAL WAY THAT AN ECONOMIC RESOURCE CAN BE MINED.

IT'S NOT "ON" OR "OFF"

ITS "HOW", "WHY" "WHEN".........

Sorry for shouting!
Lol
HAL2000