At the risk of seeming ridiculously optimistic in the face of...

At the risk of seeming ridiculously optimistic in the face of lots of trouble, I remain unconvinced about the non-viability or marginality of Deflector. Any independent person is going to be conservative. One must take that into account. They have used 1.4mt at 3.9g/t and 1% copper. The grade was down-graded after the last lot of drilling. My strong understanding is that this thing is open pittable for the initial three years, and that there is high copper grade at shallow depth. I think actually what may be the case is that if the financial model was broken into 2 parts...say years 1 to 3, then 4 to 6, years 1 to 3 would actually turn a very good profit, and years 4 through 6 a large loss. In combination it may well be marginal, but, my sense is that years 4 though 6 could be turned around as a result of the general prospectivity of the ground. Durack alludes to this in the announcement. I am not throwing the baby out with the bathwater just yet. There is much more to all this folks.