The response NTL gave to the ASX, made for interesting reading.
They realise the potential, and have upgraded estimates.
Okay, even though the information is based on estimates,
this is one of the highest grade producing area outside of Africa.
Why else would NEWCREST be there. Oceanic is getting high grades.
I will do some research on what depth Oceanic is at, but if someone
has that information, please pass it on.
Given the in place infrastructure is in place, the cost to go deeper
would be less than a "greenfields" project.
Options now in the money, so the board get's their reward.
Add to My Watchlist
What is My Watchlist?