i've already gone through this before dolphin in a previous answer to that.
But did you read huntleys article fully posted by SB...I quote:
"MCR has enough reserves to continue producing till 2008."
RESERVES!!!!! How many times do i have to tell people that its RESERVES that count for small one project producers. Not resources.
If it was resources, both IGO and MCR would be 2-3 bucks! Around 100Gt of resources each.
Listen to the IGO RIU presentation, Chris Bonwick himself states the market will only VALUE us on RESERVES.
Cdchi1
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