My expectation is for a larger JORC first up as 500,00oz will...

My expectation is for a larger JORC first up as 500,00oz will not support the current shareprice as not all the resource will make it into the indicated or infered category.
Im thinking more like around 1.2moz which will convert above the 500,00oz mark.
If they choose a heap leach option then the grade will be lower but more would more than likley make it into the indicated and infered category with 10c my firast up target.

Cheers

RT