Ann: EXCITING ORION EXPLORATION PROGRESS, FRASER RANGE, page-26

Hey @AJK1

I'm a relative newcomer here, got on board last year after the announcement of the IGO deal and special divvy.

You're correct re Telfer, it's running out which is why NCM have gone like the clappers at Haveiron. Haveiron starts at 450m depth so it is significantly deeper than what Koongulla may be. Winu (Rio Tinto), from what I've seen, seems to be between about 150 to 400m but open at depth in parts. Both top quality projects.

If Koongulla matches Telfer then we are rolling in clover. 30million oz of gold; Haveiron is big but not currently of that scale and it's presently worth $1.3-1.4 billion working off the valuation in the following timely article today for your interest, remove the 3 *** from the address. Another Telfer, well what's that worth? DEG is currently priced at $1.5billion with 6-7 million oz across Hemi and their other deposits in the Pilbara - Hemi is still open and might be 10mill oz plus. Another Telfer surely then is 3 times or more proven. It's mind boggling to consider with our tight register - however be aware that the other dome structures in the Paterson do not match Telfer's freakish scale so this is idle speculation on my part.

https://sto***ckhead.com.au/resources/monsters-of-rock-newcrest-approves-life-extension-at-telfer-as-havieron-awaits/