next presentation in Singapore, page-7

correct mate will all be part of the bankable model, updated ore reserves have to come with updated economics which we found out last year, this will apply to avl also when they include there new drill hits...

this should improve on last years result as a lot of the shallower stuff that was counted as waist material in the last study can now be included into reserves and it will reduce our strip ratio

I'm very confident opex will improve, capex is anyone's guess with what's happening in WA. but that will be common to any Aussie project and I don't think an Aussie play will get off the ground cheaper than TMT