What new project ?

MCR has hinted at various potential new mines
Durkin
Voyce
Cassini

extenstions to Mittel / Mariners ....

Cassini prob has the best upside - due to (high likelihood) that MCR should receive 85% of net payable ......but it will take 6-9 onths of additional drilling to "prove up" the resource (and then additional drilling for suffiecent confidence for mine planning) ....

Durkin - highest level of confidence over resources ........doesn't appear deep ......but only 65% of net payable .....

most amazing that the stock has held ground in what is carnage in the metals markets .....

rgds
Value_Hunter