BFS in September?, page-108

Having a bet each way @vintage

As has been covered more than once BFS will be on current Sconi JORC estimated in ground value of around 5 Billion. The fearmongering and sowing seeds of doubts is devious.

If the drilling program under way at Sconi reveals commercially viable mineral extensions.......where does that information get fed into ? The BFS, exactly what PLS would be doing with their resource upgrades. The original BFS which secured funding for PLS and built said plant did not include these resource upgrades.

This situation that AUZ HAS will "in my opinion" be no different than PLS upgrading their documents, no one comments over there on BFS optimisation because they are producing. A 5 Billion dollar JORC certified resource that has a 20 year LOM (more than enough to meet SKI's 7+6yr requirement) will secure funding to head to production.

If resource upgrades are viable....and chances are they will be. These figures will have to be reflected somewhere, in a document that holds the projects key indicators IRR, LOM, NPV etc. it will be in the BFS if and when the results are divulged, just like PLS is feeding their resource upgrades in their BFS no doubt.

What does this do it "optimizes" the BFS for new known conditions.

Finally the project as it stands currently is 20 years, the petulant whining regarding the timing of the BFS is tiresome. It will be ready and released when management and the financiers looking at it are satisfied, they know that a few months delay for a $5b/20yr project is neither here nor there.