Get T1 zinc and lead mined first.
If I run this company that's exactly what I will do. Forget about more deep drilling (eg 500m) at MB, forget about Apollo, Cobar etc. This company should focus on small scale, but highly profitable T1 start mining by 2017 or late 2016.
This will generate (50% JV) about $100-150m net profit after tax and provide us with $1/share cash backing. With strong share price than you can raise more cash to acquire larger projects that are high grade, shallow and low-risk. For example (only an example), MOD's NZ gold project 1.7g/t and 1 Moz waiting for cash to mine which is better than our Apollo. There are a lot of projects/companies are trading at ridiculously low prices.
If you drill 500m deep, market is very reluctant to support it due to current low copper prices.
Get cash into the door first than worry about 500m minerals.
Ann: Significant New Copper Intercept at Mallee Bull, page-154
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