Ok, this is a pleasing development, as in... the PNR story is...

Ok, this is a pleasing development, as in... the PNR story is getting clearer and easier to understand.


Another clear slide... and arguably very important due to Scotia open and Scotia U/G are driving the growth in the near term.
South Scotia now done, which was clearly higher stripping, with Central likely lower strip with more tonnes, bodes well for the rest of this year.
Princess Royal, 6km is indeed a big improvement, less trucks, quicker turn around.
Scotia U/G.... are we already adding some ore?



Regarding the plant, that is really positive, though I would love to know more about potential costs. Unlikely to occur in the very near term, as they need Scotia to be at a full run rate before they can be sure they have the extra ore, though.... could they bring on multiple open pits...?



Careful Paul.... lets make sure that Scotia U/G is running perfectly before we start getting too confident.



All these dot points.... are indeed important, though a little more color on which 'areas' will provide the immediate conversion to reserves.
Drilling just about to commence other than OK/Star U/G extensions.



Have to admit.... I really like this slide and hopefully.... after the 85,000m is drilling, the dot points will be backed up with some serious exploration discoveries.



Scotia on it's own could become a 100k p.a source for Norseman....



Ok... fine another good slide. What is crazy, is Scotia is a mini mining camp all on it's own, and... there are realistically many many more on the Norseman tenements.



More lodes.... more mining fronts, higher grade into the plant... logical, simple and.... what has likely been missing from Norseman for decades.



PNR has always had huge sunken capital, now is indeed the time to be using it.



Thanks for fixing that up PNR.



Other than SPR... I struggle to think of any other producer or explorer with acreage as prospective or prolific as PNR.

I am holding on for the ride, for when PNR should (if things go well operationally), become one of the lowest cost, highest margin producers on the ASX.

Great presentation and now the market just has to really start understanding the upside.