Not surprised the market is unimpressed.
MRE and Reserves shrank.
Looks like Duketon is not aiming for 200-250k p.a, with a 3 year LOM (only 800k in reserves for Duketon overall). Will be very interesting to see what happens later this month with McPhil, will the total amount of ounces reduce.... my guess is yes.
I can only assume Duketon North is running on fumes at this stage....
Ann: Mineral Resource and Ore Reserve Statement, page-2
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