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  "notes": "Details the transition from the base 'Resource Case' to the 'Adjusted Resource Case' via specific operational adjustments.",
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      "text": "TD Securities relied on a financial model prepared by management and approved for its use by the Special Committee, which is based on April 2022 Oyu Tolgoi Life of Mine Model prepared by management at Oyu Tolgoi LLC and includes reserves and resources from Open Pit and Oyu Tolgoi's four underground deposits – Hugo North Lift 1, Hugo North Lift 2, Hugo South and Heruga (\"Resource Case\")",
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      "text": "Model adjustments for near-term updates and upside opportunities were made to get to an \"Adjusted Resource Case\", including: Capex reforecast, completed in Q2 2022; Ramp-up timing with acceleration of Panel 0 (2-month sustainable production acceleration to April 2023); Debottlenecking of mill throughput to 125ktpd (beginning in 2030); Mining of the Lift 1 high-grade underground pillars (60% metal recovery); Resequencing of deposits to move development of Hugo South forward in mine plan to begin production in 2037",
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