dead cat bounce, page-14

thanks happycats. what are your thoughts on the jorc review. development ore forms the indicated for determining probable reserves. company has mentioned before that the veins are narrower than their models which has caused a drop in grade. impending downgrade?

"level development is currently a priority to open up the mine for increased production and to maintain the stope development cycle. The development rate is being progressively increased to approximately 800 metres per month. Development ore from level development (which converts Inferred Resources to Indicated Resources which are then used to estimate the Probable Reserves) will provide up to 60% of the mill feed."


plus any chartist out there willing to comment?