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Ann: Karouni Operational Update, page-116

  1. kojak78
    1,537 Posts.
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    11/01/17
    11:04
    Post #: 21813599
    More probable a reserve increase...

    Think about it: if pit conditions are instable and a pit redesign is necessary (cutting back the instable part) more resources will be within the pit shell and thus reserves will increase, but at a higher cost.
    TRY Price at posting: 15.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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