Going forward…… MNC as you know are in phase 4b of drilling at...

Going forward…… MNC as you know are in phase 4b of drilling at LC, being another 70,000 metres of mostly infill drilling ahead of further resources upgrade end 2012/early 2013, which all makes perfect sense. Thus by end 2012 will have total about 160,000 m drilled?
This drilling will shift Inferred resources to Measured and indicated categories thus where they can be converted to reserves for purpose of Pre FS and FS. V important, to show possible partners / buyers.
And will also be more metallurgical testwork. Important. May also confirm whether there is a small precious metals credit, which has been indicated by preliminary met test work.
And there will also be, before long, initial mining studies, esp pit optimisation, get a feel for possible reserves in a pit and for strip ratio. Yes, as brokers suggest, strip more likely towards 5, which is about where nearby long running Toquepala mine has been.
RE TKG?
Vg news if there is partial in specie distribution of their approx. 153m MNC shares, ie thru to TKG shareholders? Help remove perceived overhang. Though in full scheme of things not a big issue?