This is why capex blew out, the Bird Reef was supposed to get the startup up to 90,000oz by end of yr one for about 12 months then drop back to 60,000oz. It was the easy picking. The drill program that began in Nov 2020 and is what we were waiting on to confirm the scope study so it could be released and we didn’t get results for until sometime after March 2021 didn’t confirm the grade, see below. That changed everything, lower startup higher capex.
Ann: Trading Halt, page-51
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