Hi first, well.. we are already due for shallow air core...

Hi first, well.. we are already due for shallow air core results, but... I gather none of them have been amazing, otherwise they would have been released?
As for RC and DD, they only started drilling last week (this is all very rough), so... unless they see visible gold (which means... I guess anytime really), perhaps 2-5 weeks (depends how deep the holes are etc).

@triage very much agree with you. I think it was a very savvy presentation, with no digs (sorry... could not help it) at MZ or vice versa. Which is good, as I don't want to see anything like what happened between GMD/SLR.

I finally had a chance to see what SL was really talking about in regards to Mt Magnet (Galaxy/Hill 50 in particular) being analogous.



What actually really got me... was... that while Galaxy U/G is going to be great (long life U/G mine for Mt Magnet), it.... is be so much smaller than Never Never and Pepper. I mean like... I still dare not really believe my own speculation in regards to what SPR might be able to get out of the two deposits when being mined concurrently.... (I think 100k p.a is actually going to prove conservative (just from them, I am excluding the rest of the Dalgaranga)).



I think it's testament to the fact that RMS has not bought anything else.... in years other than MGV.... so... their investment in SPR shows that RMS quite literally see nothing better within Australia, and I feel that is saying a lot for what most regard RMS as being one of the most proven acquirers in the sector.

Just to hammer it home, this is the current MRE for Galaxy, which is going to be very profitable for RMS.... then compare that to SPRs NN/Pepper.....
Again, nothing against Galaxy, I am hopeful that as it hit's it's straps, it will outperform the base case expectations. Suffice to say, combine Galaxy and Eridanus expanded and you get around 140-150k p.a. Then.... if Cue and Penny can keep providing higher grades, well... Mt Magnet is going to be a profitable miner for a long time to come.



Anyway, both RMS and SPR are drilling like crazy, so who knows what the two companies will find in FY25.

I just know I want to still own part of whatever entity mines Never Never (I hope SL runs out of Gin names for all the other discoveries by the time I retire!).