oxr - in pre-open . why??, page-3

The open file commentary seems to suggest Oxr should surprise on the upside with intial gold production.

1. Higher grade gold has been found since completion of the BFS

2. Process plants typcally operate at 25% to 50% above nameplate capacity.

3. Bankable feasibilities typcally contain a high level of contingency costs to keep the banks happy.

I am expecting cash costs to be much lower than forecast. I will be very disappointed if it doesnt kick OXR price to new levels.

acturtle