Hi allI just wanted to explain this further. I replied the below...

Hi all

I just wanted to explain this further. I replied the below to another poster in another thread but I think it is more appropriate for it to be posted on this thread.

Under S-K 1300 rules all MRE's have to have economic and technical parameters attached to them (unlike a global JORC compliant MRE), the same as is used in a JORC compliant scoping study resource. The JORC compliant, un-constrained global MRE of 9.9Moz Au still remains. The S-K 1300 MRE compared to the scoping study resource, which used the exact same parameters other than a US$2,000 oz gold price (where as the scoping study used US$1,850 oz gold price) and the pit slope angles were increased to 50 degrees from 45 degrees from PFS level testing as announced previously. So comparing like for like the pit constrained S-K 1300 MRE within these economic and technical parameters has now increased from 2.93 Moz Au per the scoping study to 5.17 Moz Au per the S-K 1300 MRE. These are the numbers that can be used in economic reports such the PFS. The global JORC MRE can not be used in economic reports but remains as the JORC compliant total resource.

I hope that explains it. Please read the this announcement "Mineral Resource Estimate for US Listing" which explains it more, but I'm happy to answer questions where I can too.

The releases today get us closer to the US listing and all subsequent filings with the SEC will now be public on the Edgar website.