Obviously Cudeco management were expecting a higher value for the JORC estimates going on their in house modelling, than the independent consultants were able to estimate under the JORC guidelines. What I would like to know is if it is true that grades above 10% are cut back to that number and how was the native copper issue handled in the consultants estimate. ie was the native copper included. It would be good if the company could explain these issues, also the various tables with the different cut off levels seems confusing to the layman. The 11.66Mt of bonanza zone at 2.05% Cu equiv had cut of grades at .8%Cu equivalent - seems high. Thanks for any insight anyone can offer.
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