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Ann: Drilling at Port Gregory & Red Hill to Commence in November, page-18

  1. 1,983 Posts.
    lightbulb Created with Sketch. 1605
    Great question @cookimycat
    I think they are very bullish about red hill and what might be there. It is a closer proximity to Port also compared to our maiden resource at Port Gregory.
    Like you I also feel there's a very high probability of the resource grown at Port Gregory. At a guess the next round of drilling could increase it by a 3rd.
    This can improve the mine life and the NPV for sure.

    There is no question the assets are very good at Heavy and the method of mining is about as low risk as you can get should we get there.

    @winsomelose yes KFM is shaping up well by the looks. I think you will find AS resigned there recently though, right before the AGM.
 
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