Hi savadamoney...I see the Lady Brenda announcement as a...

Hi savadamoney...

I see the Lady Brenda announcement as a "business as usual" type of announcement. It is of course good to see the resource increasing even after depletion from mining. It is important to support mine life (around 8+ years) at the higher production levels going forward. But we already know the area is very prospective and the company is drilling at multiple sites across the enormous tenement area they control around Lady Annie.

It is most likely that resource discoveries/increases will continue in future years as from memory, the company has desires to ultimately grow production further, perhaps from sulphide ores below the oxides being mined right now. I think the oxide blanket extends down over 100m over a large area. I have asked the question before and the company continues to review options for processing the sulphide ores which is considered achievable without building a new plant.

regards
DF