Ann: Trading Halt, page-132

'KCN 9 year life - CAI 7 year life and very likely to be extended by several years'

During the Pre-Feasibility phase, Dave Reeves stated in at least a couple of interviews that Calidus will be mining in Warrawoona 'for decades'.

I know there's many that are quick to disregard anything said by Dave Reeves given the issues around production transition, but with half an understanding of the local geology, and his delivery successes up to and including the capital project, it's worth taking serously.

That sentiment was expressed long before Blue Spec (or certainly Felix) was even a wet dream, too.

The onus has always been to get into production and cash generation first. The resources in the ground aren't going to disappear just because they've not yet been formally proved up against an Internationally acknowledged mineral standard.