I see your point on measured to indicated but there is nothing...

I see your point on measured to indicated but there is nothing to see, as it is NOT a loss of value (as per JORC regulation) as you seem to infer.

My maths tells me there’s an upgrade of mineable resources, measured and indicated of………..5MT to 274MT from 269MT mineable resources.

Considering that the new 5 MT increase to mineable categories is likely where the mine starts and we know 7 of the now ‘indicated’ were ‘measured’ (already highest confidence now ‘imbibed’ with wider drill spacing geo blocks)

What’s the improvement in payback period?

On throughput and output rate?

Cost per tonne?

The optimised DFS, aka bankable FS, will be very interesting

All IMO & DYOR