Ann: Exploration Success - Discovery Hole at Crowes Nest, page-8

The latest announcement highlights the enormous potential of the Jervois project .
But right now the focus should remain on financing the mine build.You might put a few
holes into the Crowe's Nest discovery but the bulk of exploration dollars should go to
expanding open cut reserves as these will generate the quick cash.
As I have pointed out before ,the latest FS is very conservative.But it still shows cash flow exceeding $200 million a year.
I would imagine when the mine is up and running they will be spending $10 million a year and the life of
this project is likely going to be 30 or 40 years.
But this new discovery validates the theory that something much bigger could be uncovered and could prompt the big companies
to take a closer look.
Lets hope they appoint a financial adviser soon.