They can easily and cost effectively extend the resource/reserve, as they have done for years now. They have kept a running resource/reserve of 10 years as long as I can remember.
And, they can persue these projects, AND have a clear policy on returning capital to shareholders. They seem to be more interested in empire building and Brett's directorships.
Oh, and new open pit mining in Europe, especially in Iberia with all foreign ownership and all foreign management? I hope they bought it for the Tasmanian project.
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