Ann: Nugent Zone Delivers Excellent Drill Results (Amended), page-4

The great news in this announcement, if you read between the lines, is they are confident of recovering a lot more than the economic studies 55% of gold.

Because the numbers are only to one decimal place its a bit hard to get an accurate picture but based on recovering 93% of the copper

1.6% cu and 0,34g/t of au = 1.8% cu eq adds up to a recovery of 87% of the gold at the cu eq prices in the announcement.

All the other combinations add up to higher recoveries the highest being 102% which would be a magical outcome.

Lifting the gold recovery from 55% to 85% adds $6m a year to the free cash flow in year 2 and 3 in the economic study.