RRL 3.03% $1.76 regis resources limited

MM Thanks for picking that one up. It actually was a slip up by...

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    MM

    Thanks for picking that one up. It actually was a slip up by me. What I meant to say is that it (ie lower average grade which in part stems from a lower grade cut off) meant fewer ounces being produced each year given the capacity constraints of the plants (I believe they were operating at around 125% of design capacity prior to the flood), thereby raising the average cost per ounce of annual gold production above what had originally been estimated (ie before their upward recent revisions).

    loki
 
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