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Ann: Estelle Strategic Review Outcomes, page-30

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    @Jopie
    Random guesstimate! I have no idea on what it will end up costing to get this up to the construction stage.
    They have gone through $20 million in 18 months since the Nebari raise in Nov 2022.
    What is our current money sunk in to this deposit for the 9.9Moz's? Have to be close to $30 or $40 million?

    If this new time frame is going to be adhered to, it will require a couple of big seasons on the drills IMO, and it isn't going to be cheap.

    The second dot point states those other prospects as a necessity, i.e. we won't be mining without those supporting deposits. Hopefully a sizeable grant is secured to offset that spend.
    Last edited by princey37: 26/03/24
 
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