Couple of general comments:
- RVR have been conservative in their resourcing - assuming a US$1234 per ounce pricing for cut-off grade..so there's likely to be a lot more gold actually mined.
- There is still a significant portion of 2004 stated resources to be upgraded to 2012 JORC.
- Over 400,000 ounces with which to complete a maiden 2012 reserve statement.
- Minimum 10 year minelife, which is fantastic for an aussie gold mine.
- On site infrastructure in place.
- Potential for a 1Moz proposition.
All IMHO, DYOR, but a fantastic release.
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