Ann: Quarterly Activities and Cashflow Report , page-6

I'm wondering if anyone can clear this one up for me....

In the initial BFS released in Feb they announced a cost of between US$435/oz - 535/oz and in the latest report they announced US$550 - 595/oz

Now I know the value of the US dollar has fallen substantially in that time... maybe that accounts for some of the change... But it would appear that the costs per ounce have increased somewhat compared to the initial BFS. Unless of course the initial BFS figures took into account credits from Nickel and Copper.

Anybody got any ideas?

Also interesting to note no mention of time frame to completion of BFS given this time...? Or did I miss something?

Lastly... Interesting to note that in the financials section they mention Estimated admin costs of 700k for the next quarter compared to 434k for the previous quarter... Interesting or not?