Hi @tjsol
A while back i did a bit of a search through past anns to find an answer to that very question , with no luck.
For some reason i had thought that ERL would be funding the open pit only , until cash from gold sales took over , then anything relating to underground would be 40/60 ????
Purely speculation now on my behalf as i cant substantiate
If you get a reply from management that can be posted it would be greatly appreciated
cheers
ADDS
Ann: HIGH GRADE OPEN- PIT GOLD CONFIRMED AT PENNYS FIND, page-23
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