Yes, you're right it isn't low grade @ 2.1%. My memory let me...

Yes, you're right it isn't low grade @ 2.1%. My memory let me down. One of my concerns here is this is a quote from the Chairman.


What challenges does he refer to? They could be these:
(a) He is still not happy with the Feasibility Study and / or his ability to execute to the Feasibility
(b) He is struggling to find investors whether debt or equity investors
(c) He doesn't have a team to execute even if (a) and (b) were ticked off.
(d) He is not yet convinced of the metallurgy (meaning the ability to recover copper at good recovery rates)

It cannot be that he wants to increase the resource UNLESS (b) is true. Because if (b) was not true he would construct now and let resource growth extend the life of mine.

I think the Chairman owes his investors a clear statement as to what work he must do to get to FID and when that will be.

This is my opinion and concern.