Plutonic Main Pit Cutback, studied and favored by Bradbrook and Boyle admins, removal of overburdern partially started? PEA 60k/yr for 6 years, @ US$863/oz AISC? After-tax 5% discounted NPV:
At $1900/oz US gold: $ A 236 million, 64% IRR At $2000/oz US gold; $ A 265 million, 72% IRR?
Sure costs are up since this 2019 PEA, but so is gold price.
Or Hermes Central Bore? Or even Trident, which De Crispy previously-pumped as the low-hanging fruit? Spend money drilling out Bendigo II in Victoria?
Nope. We're going to dewater Plutonic East. First ore in five quarters.
Looney tunes. Management is flipping from one direction to the next.
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