Whaler,

I don't think the met study can be looked upon as a material change. Since there is no known quantity at this point, the met study means nothing. Without the calculation of reserve, resource, indicated reserve as well as cut off grades the recoverability is valueless. The met study is just one factor in determining the economic viability. Once the NI43-101 is out, the prefeasability study will be the next thing to tackle.

v.