F&B, that was my point to you the other month, that 17Mt is not reserve, that's only the resource. We won't be producing 609koz. We only get the 132koz which is the reserve. Yes that 132koz will come up once they do more infill & exploration drilling, but it won't come up close to the 609koz number.
132koz / (53/12) = 30koz/year. 30koz/year is what they've been forecasting, so that checks out. So as I said a month ago, Lady Ida doesn't give us 10 years extra mine life, it only gives us 4.5 years.
BCN Price at posting:
2.5¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)