Two important bits of news. Red Path is doing the work going forward (good and hopefully this further shows that Scotia U/G is progressing as planned (why else would you hire them again...)) and the development is progressing quickly with the team not needing to undertake any large works.
Also easy to see why they will soon be able to get U/G drill rigs going at both locations in the March Q. Seems like they are averaging over 10m-12m a day (250m over roughly 20 days) development wise, so very.... very roughly, looks like they will hit the first U/G drill platform at the start of Feb and then a month after that (start of March), the 2nd one. @wassa any thoughts?
I commend Paul on putting out the announcement, though I would still love to see a more.... comprehensive update regarding all the drilling at Scotia, Ok/Star and anywhere else it's occurring. Plus... Paul has hinted about early ore opportunities at Bullen, well.... too early yet, or are we getting close?
I still don't expect the quarterly production to be anything special (Paul has stated as much in recent videos), but.... the higher POG will likely help. It's all about Scotia progress and the March/June Q IMHO.....
PNR Price at posting:
9.7¢ Sentiment: Buy Disclosure: Held
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