CW/Recg/pinth/mac/fitfm:
from last cashflow stmt
(a) exploration & evaluation: 23.643mn
(b) development: 16.505mn
(c) production: 67.87mn
focus has spent 23mn in fy11 on exploration,
as per mar11 resource/reserve update
Resource increased from 2m to 2.25m oz
Reserves increased from 207k to 248k oz.
I am assuming the outcome of exploration investment can be measured by resource/reserve upgrade,
Just curious, Is there any other outcome to measure the performance for exploration investment?
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CW/Recg/pinth/mac/fitfm:from last cashflow stmt(a) exploration &...
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