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FM3 firstmac mortgage funding trust no. 4 series 1-2020

Ann: General Security Agreement, page-704

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RedKing16

500 Posts.

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14/04/21

07:35

Post #: 52446383
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Originally posted by Corgi: ↑

Realistically Zeff has until the end of July to deliver the MRE to still be able to hit his performance rights. Assuming it takes 6 weeks to incorporate the last lot of drills into the MRE. The cut off date for drills to be included in the MRE is the 16/6/2021. So we have have approximately another 9 more weeks of drilling (approximately another 45 Holes) and need to make sure these are quality holes that bode well with the resource model.

I think the 45 holes will be mainly concentrated in the area of Blue Below. The Pink area highlights the areas likley to be included in the final MRE based on today's ann. Also have to remember that We are also focused on an area south in the main deposit because we found some good high grade stuff there.

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thanks corgi. This is really valuable stuff and with @BrettVadar s layover it’s really laying the picture of what continues to build here.

FM3 Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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0 Great analysis

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