From my last post and reference to the JORC code 2012 section 40 in regards to a feasibility study, have a read below of page 18 of the 2013 Ann report, "The company intends to use the stage 1 pilot processing plant as the stage 2 processing facility". The feasibility study (Section 40 JORC 2012) is spelt out in black and white below, there is no mis- understanding no ambiguity, the 2013 Ann report states what they are going to do with the Old Pirate mine.
IMO they compiled with section 40 of the JORC code 2012 in the 2013 Ann report and then on the 7/7/2014 they do not comply as they changed the processing pant to the TAM plant located 77km away at a cost of $2M per year plus $2M refurbishment.
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From my last post and reference to the JORC code 2012 section 40...
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