Yes that's fine by me. The timeline presented to us for many...

Yes that's fine by me.

The timeline presented to us for many months now, has always been "finance hopefully before Christmas".

Just watched the presentation. Another great one.

key points of note..

- Finally speaking of their background at Finders which shows competence. Hasn't particularly been a topic in the past. This should have been talked about more as it adds so much to the credibility of management.

- little edit to my post above. The MRE didn't include the heap leach retreat which I thought they got across the line. So it is a heap leach resource of 220,000t (17,000,000t x 0.5% Cu = 85,000t, + 135,000t).

20,000tpa gives us 11 years of heap leaching.

As Wayne pointed out there is a 10+ heap leach of oxide initially. This would have to include the 85,000t for the LOM he is suggesting. However, it is still unclear whether the LOM in the study will be shorter and exclude this as it is not JORC compliant.

minimum life of mine is now over 36.5 years!

If it ends up being included.. just over 40 years!




- More emphasis on the size of Maroochydore.
This was always lacking as well as the ability to teach the market just how massive this deposit is.

look forward to the drilling results due any day now. The market isn't fizzing over copper at the moment.

Cobalt on the other hand is hot. Hopefully assays come back adding more cobalt to the existing 180kt as well as a lot more copper.

There could definitely be synergies with Maroochydore and Nifty. Much like Hollandaire (sulphide) and Nanadie (oxide). Been talked about previously by Baz.

Maroochydore is mainly all oxide atm. Nifty is pretty much all sulphide. Same as Murchison, can leach the sulphide at Nifty, generate the acid to leach the oxide from Maroochydore resulting in very low operating costs.

- I also like the fact that they are not just getting the SXEW to a working state. They are reconfiguring and modernizing the plant also.

So much to like If you don't look at the share price!