clarified presentation, page-11

To stayhere's credit I can understand why the revised presentation reflects in some people's views a reduction in the resource.

In the first edition of the presentation, the resources was > 1m oz for short term and >2m oz for medium term. These targets could be 1.5m oz for the short term and 2.5 m for medium term for example, as they are all greater than 1m and 2m.

In the clarified edition, the range has been narrowed to 0.8m-1.2m and 1.8m-2.2m oz. It restricts the upside to a limited extent and reduces the minimum target, if we can call it that. It is a bit like splitting hairs but for a stock that has doubled in value in less than two months, regardless of fundamental undervaluation, with most of the early birds sitting on double bagger profits, a flea f@rting in the forest will send the share price down.

Disc- PIR bull