Forget about the LOM, it is adequate to fund exploration only.
What they are trying to tell us is that if pit expansion and u/g happen (both likely to occur) Smarts already has 707k ounces mineable. Add to that current hicks reserves of 84k (with 4x the resources not included) and we have 791k, enough for roughly 8 years. With still lots of stuff not included, still open at depth at many spots.
Best of all keep in mind all that is low cost stuff.
5m@32g/t, 28m at 4.8 g/t, [email protected] g/t, 7m@20g/t etc., looks very promising.
Smarts/Hicks will be a 1m+ ounces overall production deposit, potential for much more considering the brownfields targets.
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