Pepper - 75% conversion to indicated Pepper grade will go up (just a fact as all the holes hit since the MRE have been higher...) 'Drill Drive' capable of 1mtpa (though SL also touched on the fact that he and his team have mined other U/G operations with smaller dimensions and achieved 1mtpa, so..... my interpretation is 1mtpa would be a base case). Plus... it's a twin decline.... but I need more experienced miners to debate what is possible.
Study next year.... might not just be a PFS but could even be a DFS (SL was being incredibly cagey, as he needs to be.... he is at a big league poker table now and cannot give away any 'tell's, because the likes of RMS and whoever else wants SPR in their portfolio are watching very carefully).
Plus lots of discussion about the targets (golden wings, Arc, Patient wolf etc, seems like every target (golden stars) is being targets all over again because.... the seismic and their understanding are so much better than even just 12 months ago.
Oh and of course..... the first show of what a 'conceptual' mine design looks like at NN/Pepper! To really .... drive home the point about how profitable this mine is going to be.
Well done to SL.
SPR Price at posting:
$1.28 Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)