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Rewop I can confirm Moora will be starting in second half of...

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  1. 562 Posts.
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    Rewop I can confirm Moora will be starting in second half of November (it is apparently subject to cropping requirements).

    rebel1 more magnetite results should be available soon (DTR), if they pan out as expected than the next step will be to determine how big the resource is (above 72% is good enough in terms of grade given location and transport costs). At which point this fits in with souths greeny requirements (which for obvious reasons is their interest). When they would look to develop it themselves is their call, no sweat of our backs.

    Further drilling for Peru is to be undertaken Dec as suggested in the announcement, there has been some interest from majors but it seems the big hurdle is timeframes, no one seems to be in a hurry which is why they decided to bite the bullet. As a longstanding shareholder and substantial one at that, I am not a fan of the timing all. Still considering whether to cough up or not. But again this is the exploration game. I am quitely optimistic about the prospects in Peru especially when I've been given clarity on why South decided to shelve that exposure (has more to do with their buys in Chile and Argentina).
    Last edited by BBBBBBB: 09/10/24
 
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