SaltbusLets stay conservative, underpromise / overdeliver.5Mozs...

Saltbus

Lets stay conservative, underpromise / overdeliver.

5Mozs is the very top end of the scale just going off simple geometry and would be a 1:100 shot IMO, most likely unrealistic to expect. I threw those figures out to more illustrate just how much the width can impact the resource size and therefore demonstrate the reason why sophisticated buying is waiting for confirmation. People seem to think that having depth and grade is enough, a few simple examples shows just how important width is.

No one should be expecting that from pipe 1.

2.7Mozs is what I am aiming for and if we get that, it is a fantastic result.

900 x 120 x 230 x 2.75 x 1.2 = 2.7Moz

Remember they have potential another 4 - 5+ pipes to prove up after this one, so yes the deposit could very quickly reach that 5Moz mark. Success in pipe 1 should really attract some of that 'blue sky' value we are yet to see get priced in.