Yes 500,000 oz Au indicated would be a very good outcome but don't forget grade.
I'm not going to speculate on the grade because I have no track record of getting it right from drill results.
But is is very important. Trucking and toll milling is only worthwhile if the grade is high, 7g/t + ?
Grade is a key input to the metrics of the mining operation and has a strong influence on fee cash flow.
A large high grade resource is very attractive as a TO proposition.
It will be interesting to see the indicated gold ozs and to a lesser extent the inferred and gold grade.
Yes 500,000 oz Au indicated would be a very good outcome but...
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