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Message: Re: Global resource - correction
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Apr 19, 2012 06:18PM
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Apr 19, 2012 09:00PM
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Apr 20, 2012 01:16AM
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Apr 20, 2012 07:08AM

Mark, you said: "... just wanted to clarify the numbers, as Global Resource is 5.8Moz not 3.7Moz (this is Pit Constrained actually 3.4 Moz)"

Without being too picky, this is not exactly correct. As I pointed out in my first message (Q&A), I was referring to a 0.6 gpt cut-off grade, because brokers were re-valueing stocks at higher cut-off grades. And for this cut-off, our Global Resource is

- 2,757,000 oz. Au (@ 1.03 gpt indicated) plus

- 1,017,000 oz. Au (@ 0.91 gpt inferred)

-> making it a total Global Resource of 3,774,000 oz. (as stated).

FANTOMAS

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