red5 - good first result from siana, page-3

Fair enough TT - i am aware that the economic potential of Boyongan deposit has been diminished over earlier hopes for the reasons you have said. I guess I have more confidence in the Red5 management about their interpretation of the previous drilling and resource figures. Whatever the case, substantial infill and extensional drilling will be required to prove whether the resource can be increased to an economic goer (say initial 1.5 million oz with good continuity / strip ratios). This will need more money than Red5 currently has.

angus