Some highlights of the interview
- mentioned a 5 yr mine life for the OC ( down from 7 years he used in past)o
- $200m to $300m capital cost
- multi decade UG mine life
- Waiting on assay results for regional drilling
- deep drilling at Stavley project will be done just to show how extensive the deposit is not to mineable stage. The next phase of drilling will be a substantial program to define the deeper mineralisation which will include deeper drilling at the Ararat project
- 75% through regional drilling program - trying to establish if there is a potential big deposit
- they are proceeding as if they will develop a mine rather than assuming they will be taken over
- 2.5 to 4 yrs to do permitting
- no mention of doing any further drilling for the porphyry
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