Logic says that it's would be based on resources not a floating target. It doesn't make sense that some avg Sp be used. The BFS is looking out over 22 years or more with a 3 year recoup of investment. Sorry Brundal looks like you are a gambler and some ways so are we but what you write doesn't make sense. I am always happy to admit when I am wrong and will if it goes for less than or equal to 3.50 will you do the same?