it always pays to keep it real and not be overly optimistic - but realize that this snowman theory has two possiblities -

Option #1: the ratio 1:2:4 applying to only the current proven assets (call it 3.0Mt) then we would have 3 + 6 + 12 -> 20MT.

Now for option #2: the ratio applying to the actual size of the deposit (specifically the radius). Now this is really the bomb - because of the cubed effect in calculating sperical volumes you now get 3 + 23 + 185 -> 211MT

As far as rumors and dreams go, this one ranks right up there with the best of them, and makes for some sweet thoughts of the south pacific.

BUT the drills need to speak, and we all are aware that this takes time ("dad, are we there yet"?). So cheers to 2 options on a killer rumor, and when the drills speak - lets hope they speak loudly!

Mass props and respects to all that were at the luncheon - thank you

SD