Ok. I do seem to see a different Ann than my previous posters.
The not so good:
Altura lowered the cut-off grade from 0.4% to 0.3%. That should increase the resource. Looking at the chart on page 14 of the ANN it should have increased by about 3 million tons. But in fact the resource is smaller than before, and the difference seems to be bigger than the amount mined.
The good:
BOD is increasing (at least my) confidence. No masking or hiding stuff and complying with the required disclosures.
The comment about increased feed grade sounds like it should decrease cost per ton. Can somebody confirm?
Ann: Mineral Resource and Ore Reserve Estimate Update, page-19
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