Hello VYR,
given the current location (a week or so ago) of both rigs, I presume neither are drilling Nugent. I think last time Nugent was accessed from SE of the pit over a road from memory. Perhaps further drilling of Nugent is earmarked to be funded from future sales, as it may be a separate UG area.
Although we now have a modest grant to continue with more holes, I wonder how much is left in the coffers, and therefore the source of funds to produce a DFS. I was very pleased to see the large spike in the SP after the previous announcement, but a little surprised this one fell a bit flat, although volumes are encouraging.
M.
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