The LOM people, as far as I'm concerned, have already PROVEN that they don't know what the heck they're talking about.

For them, last year, to have published an expectation of Tyhee's Pre-Feasibility delivering 1.2M oz in reserves was far too unrealistic.

According to Webb, Archean deposits, like those at Tyhee, are historically known to have conversion rates of about 50% max., from M&I ounces to reserve ounces.

Tyhee's conversion rate was about 52%. Romarco's Feasibility study showed a conversion rate of about 56%-59% of M&I to reserves.

Baires