Ann: Additional High Grade Mineralisation Discovered at Goulamina, page-5

  1. 439 Posts.
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    The next few months is going to be very good, plenty of news flow on resource side let alone Chinese cost review, potential offtake / corporate action

    Complete drilling – mid-February 2020
    Final assays received – mid-March 2020
    Resource updated – end of March 2020
    Reserve updated – end of April 2020
    DFS - mid May 2020

    like the below Material impact on NPV statement - let’s go!

    A revision of the Goulamina Ore Reserve resulting from this drilling program may have a material impact on the Net Present Value (NPV) of the Project. Given that the NPV will be one of the key outputs of the DFS, the Company believes it makes sense to include these results and re-estimate the Ore Reserve prior to completion of the study. This will mean a slight delay of around six weeks in the release of the DFS, with a mid-May date now likely.
 
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