Ann: Production at Norseman Increasing, page-51

PNR is the most overlooked gold stock on the ASX presently imo …even HC is a ghost town on this stock.

Completely unhedged with ongoing production growth from increased mined grade at depth, reduced stripping ratio and incremental increases in processing throughput. Underground capital costs reducing and increased stope production tonnage. The underground is also not deep by WA standards and is 2 km from plant.

Synergies of a town based camp a couple of streets from mill and underground operations. Relative 26km short ore haul from Scotia Openpit.

Assets sale of Halls Creek and large land holding within Lithium potential zones north of Norseman.

Market blinded. Best of luck.