re: Ann: Definitive Feasibility Study Progres... Guess calling it a rise in the SP was a small overstatement however it does seem to have stabilised around 6c which is a lot better than the low 5's it had been doing after the SPP. A 1c rise is quite nice....if you are holding a nice parcel!
We can't have your glass empty GZ (can I believe you??? lol). If you were in Sth Aust I would drop round a couple of nice Barossa wines. Has been a very good time to stock up the cellar. Some great quality at bargain basement prices here.....I imagine similar situation in WA.
Rest easy - Gold and Copper are looking extremely strong for the medium term at the least.....this has to have some further significant impact on producers and near producers you would think. Reading up on projected copper demand/shortfall. Demand in developing countries, in particular India which is just ramping up to what China started a decade ago. Gold - say no more after the USA looks like having more "quantitative easing".
I hope it is all leading up to a "Perfect Storm" for Phillips River - timing can be a big factor.
GZ I have no concerns about locking in a proportion of early (first couple of years) production as forward sales to secure start-up funds.
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