On the contrary, Shakeypremis, it looks like the Company is giving broad hints that it indeed expects to be able to replicate the success it had at Helens (where, if you recall, in September it Increased tonnes (+29%), grade (+49%) and ounces (+92%)) ...replicate that success to an extent at Lewis.
From yesterday's Quarterly:
Results returned from Lewis confirm the pathway for:
- Upgraded Mineral Resource Estimate
- Simplified and expanded Lewis pit design
- Incorporation into the Cardinia process plant design
I agree with Orga above: "Lots of ground which is becoming more valuable every day."
Just as gold is moving ahead - in Aussie dollar terms, ~$1,830/oz as I write.
Do the sums merely on the Helens increase to be reminded of the value-add which is happening here.
Ann: Quarterly Activities Report, page-6
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