Ann: Exploration Update - Dalgaranga Gold Project, page-34

I guess you will be somewhat pleased to know that SL mentioned you in the presentation, and... that he does not give a hoot that you are annoyed by his repeat mentions of de-risking (sorry... but de-risking is why the likes of CMM are the premier gold producers, because their ore body is clean, understood and drilled out).

What exactly would you have liked him to speak about? The drill program? I would have been ok with that, though he has to balance getting new investors interested, versus current ones.

I think with every successful drill hole, SL mentioned last year about Dalgaranga being a potential gold camp (like it's neighbor down the road at Mt Magnet) is coming closer and closer to a reality.

I also really liked how he touched on the true scale of Never Never MRE expansion with visuals (not done before). On the right, May 23, then 8 months later on the left.



Also, it would seem that the 'boomerang' structure has been named. I wonder if you were able to 'taste test' the structure at the booth?


Without a doubt @calmbeforestorm - they are finding ways to reduce the drilling costs with the likes of the fan technique.
At some point, it will be more cost effective to drill out the other prospects because, the really deep ounces of Never Never are likely 6-10 years away from being mined, versus bulk open pit or U/G bulk ore.

I agree about the 1.5m ounces, but... I will be more than happy with around 1.2m (not to sound to casual about it), as above, it's almost more important now that SPR can prove up other bulk sources of ore, preferably from my point of view, other U/G, as have perhaps 4-5 separate U/G production centres would basically fill the mill and enable a 200k+ p.a production profile, which the likes of BGL won't quite be able to do, because of the narrowness of their lodes (sure, they have a lot of ounces, but... it takes a HUGE amount of development to get it out versus Never Never and hopefully, West Winds etc.).

Anyway, looking forward to hearing others thoughts on just what SPR might look like come the end of 2024 (I find it hard not to think it will something similar to BGLs trajectory).