I have been giving some thought to the upcoming NI report. For me what is most important is how the "Nugget effect" is addressed in our average grade. I don't think we will have any problems proving up tonnage over time, but our perceived/stated initial grade will more than likely be our "grade" for the project from here on in regardless of future results. This has been discussed previously, but for me it makes a difference as to the timing of our NI report release. I would prefer that we can justify the best possible multiple of our existing core grades prior to our first NI report. For me, that is far more important than whether or not the report is 1 week early/late or 8 weeks early/late and would hope that management solves that puzzle prior to our first NI report.

Hope this inspires some conversation.

Regards, K