Ann: Eridanus Mineral Resource up 64% to 1.2Moz, page-18

good point
I suspect they might up the divi - I'd like to see a one off "special dividend " - I know they hate setting precedents that perhaps can't be maintained long term .

and an intresting point about the optionality .
Of course still open at depth so that and the actual grades will also impact that decision too .
I suspect the cuback much more likely but as (or if) more ore is found deeper perhaps a small underground too .

as to the GP , considering the rapid rise I thought the volatility reasonable and to be expected .