RE: Key dates10 Apr 2023 22:44
Hi Tig
Your perception of the MRE is incorrect, we’ve been told it could have been 50% higher 12 months ago, there’s hardly any chance it will be 3 or 4 times the 6.5m oz eq.
Our reserves are 2.9m oz what we need is 10m oz of reserves, I think this will be stretching it.
The resources can’t be put into the mining plan, the inferred doesn’t give us much.
We’ve been told that NCM in November were not working on any upgrades for Havieron they were busy elsewhere, we don’t know if they have been working on it yet.
If it involves delicate negotiations they don’t have to reveal their data.
Ggp are not the Managers, Newcrest are, we are governed by their reporting it’s their data albeit we’re paying for 30%