nqspirit, In my opinion this is far from confirmation. Hope is...

nqspirit,

In my opinion this is far from confirmation. Hope is one thing, but outcome can be another entirely. The past history of this company certain proves that point.


"The revision is a result of increased ongoing resource definition as part of our operating strategy and a subsequent detailed review of the short-term mine plan focussed on positive cash returns during the current low price cycle."

Well I guess Its a good thing that they aren't telling us that their strategy is to be cash flow negative anyway

While it seems to be positive news, i'm personally holding my excitement until i see some figures. As yet I have not seen one bit of information in regard to targeted operating costs. I have also contacted the company directly to inquire about this as surely it forms an essential part of their strategy. It is a little concerning they they can not even provide an estimate of operating expenses or targeted expenses to their shareholders.

Yeatesy.