riu presentation video, page-2

Thanks for posting, didn't realize it was up.

Few things of note (super quick jot down please watch in case I made mistakes):

* costs get lower as we go down at depth.
* 2.5 million oz believed to be a "soft target", believed to grow into "something significant"
* significant potential in historic mines.
* went through the few historic drill holes of Spanish + pof8 very promising.
* iron play very prospective, very loose target 20mt DSO, 200mt - 2bt magnetite, easy to process, access to water.
* Iron requires separate management team
* deflector believed to go to a depth of 2000m, economics support deep mining.
* feasibility study well underway. Expected may-sept.
* suggested costings for underground could be lower than the current data suggests.
* metrics could be improved with obtaining power from the grid, half the power costs for an initial setup of $5m.
* deflector mine life "more like 20 years as we extend"
* Securing finance well advanced, number of options being looked at for the project finance (get the impression he wants to limit share issues)

Many more snippets of note, great watch.