"The forecasted anticipated improvements in ore production tonnages are ~20% and will be incorporated in the updated DFS due in the December quarter." - 20% improvement in ore tonnages means increased con production, cost efficiency and higher profits. This is clear as day.
"Twin underground portals and decline works will commence in the December quarter. The decline, level and ventilation access drives will be mined to the bottom of the known orebody, ~350 metres below surface." - This means they can target orebody extensions that are still open in all directions. Mine life set to be extended with more drilling. You can see the beautiful orebody is not drilled out yet.
SOURCE: JUNE 2023 QUARTERLY REPORT (26/07/2023)
DVP Price at posting:
$3.92 Sentiment: Buy Disclosure: Held
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