Thank you for sharing @aubin. I just have a couple of questions...

Thank you for sharing @aubin. I just have a couple of questions for you if you have time. Apologies if they are misguided as I don't pretend to be an expert in any of this. I guess you could run 100 different scenarios on this.

If I take the average of your forecasts, which are the SP forecasts for the various mill throughputs, it gets us to $32.625 as a potential target? Hopefully this is a reasonable way for the market to look at it. Obviously the clearer the picture from Paul and co on the intention, the better the forecast for the different input variables. Hopefully they touch on this as part of the MRE ann.

In regard to the overall tonnage, it looks like you have taken the 45 Mt as the average of the table you provided on 6/6/24? Given that CG and Argonauts figures were done prior to the most recent assays (CG hasn't accounted for results issued 2/2/24, 28/3/24, 26/4/24 and 3/6/24; Argonaut hasn't accounted for 3/6/24), would you average out Ozblue and Pete RRex and run with 50 Mt? This may still be a conservative position given that I believe Oz may have mentioned his calcs has been conservative to date (rightly so I guess), so I am personally hopeful that the MRE will come out closer or beyond Pete RRex's, but this is just my hope.


Out of interest in regard to the recovery rate, I saw the following from a recent ann from BCM on 7/5/24 that had the following table of recoveries from other miners. If we ignore BCM's own claim of achieving prelim results of 68% and simply average the other miners below it gets us to 57.4%. If we were to treat ALV and ARA as outliers based on the preliminary assessment by holders that the current assay information suggests a good recovery outcome, it would see an average of 63.6%. What would the difference be to the calcs if you were to run a scenario at 60%+, or are you maintaining a conservative position on this given there are no mets to go off? Hopefully the upcoming ann might touch on preliminary assessment/mets for recovery so that this isn't so uncertain.



Either way thank you for sharing. Hopefully we will also see the post-MRE SP further bolstered by the additional lower-grade component, increased resource extent from further drilling investigation and additional income streams from the other identified minerals as mentioned by ozblue and others.

All will be revealed soon enough I guess. Good luck to all holders and hopefully the market wakes up soon to squeeze the bots and shorters.