RE: JK October 8Yes, $1040 is pretty high, however, you must consider that this is a very large deposit; 140 million tons in this estimate. This makes for a high capex of $400 million with 10% discount rate. Note that JK's estimate is based on a grade of 0.60 g/t, 30,000 tpd, 1.5:1 waste ratio, 190,000 oz/yr production.