Hi Guys,Im doing some research into CRC and either my mind is...

Hi Guys,

Im doing some research into CRC and either my mind is fried or im missing something.

In the DFS announcement on 30 Nov 2010 it states that Average annual production is 50,000 oz per annum.

With a 6 year mine life this would equate to 300,000 oz

Yet the same announcement says only 248,000 ounces will be recovered over the initial 6 year life. This is an avg of 41,333 oz. (248k / 6)

Now I know that there is huge upside from exploration and Dargues Deep or the other near mine exploration targets should make up the shortfall once we are in production.

But what am I missing with the figures quoted in the DFS???