im a bit concerned, page-38

I still don't see the 3.16% head grades within the first few years. The strip ratio is high for the first few years and the costs will be high for that period. I see a repeat of Dml here with low cash flows for the first few years. Another negative is directors have hardly increased their ownership over the past year despite saying things are on track. 0.3% ownership by the directors doesn't instill confidence. Just the way i see it for now.