Ann: Corporate Presentation - RRS Summer Series (Brisbane), page-32

Well, as others have posted... SL delivered an impressive presentation, which was accentuated by some very.... positive nuanced statements.

Cheers for the summary @calmbeforestorm. I might add to it with his positive view on Sly Fox U/G, which is only now coming into focus due to WW and FP being drilled out first (other than Never Never). Oh and also he briefly discussed what could be the third NN look-a-like within the main pit, as showing potential (hopefully it gets named soon!)




Without doubt the 990m hole will keep everyone's attention, especially when SL went on discussing what it might mean if the hole hits mineralisation.
As in, it would come close to doubling the strike length of the entire structure, which... SL goes into some pains to point out is currently down to depth of 500m, with a drill drilling down another 490m.... (has to date, averaged close to 1700ozpvm), which let me be clear, he does not state this will happen, but... if I put on my 'logical' glasses, a very very very rough calculation could see Never Never's endowment grow by a massive margin, potentially even getting close to double (500m x 1700ozpvm = 850,000 ounces).



Now to be clear, the above is incredibly rough numbers and PURELY speculation on my part.

As shown above, the unclassified resources kick in around 650m RL so... even if only another 350m is added, that is potentially another 600k ounces.

Am I reading into it all too much?

I do urge shareholders to listen to SL carefully for the second half of his presentation. It is worth your time.

I have no doubt there was a lot more SL would have liked to talk about indeed, but... all just price sensitive.
We will almost undoubtedly get more information about the deep hole being drilled if the team see anything in the core, as... it would be about as price sensitive as it can get. Most definitely looking forward to learning more about the wedge drilling, which as @Boolgeeda Dream points out, is the parent hole (width of 3 inches as SL mentioned recently) which will most likely see multiple wedges progressively added.

Well done Simon, you spoke well.