Let's hope so Cam, though still need a lot of drilling to...

Let's hope so Cam, though still need a lot of drilling to properly find out.

Last drilling announcement was back in... Jan 30th!
To be fair, a lot was being done in the background, perhaps even more so now that SPR/RMS teams are busily incorporating their plans to create a 350k p.a 'Mt Magnet Hub' which is a simple way of saying the two plants working in concert. The 350k+ p.a are going to be.... potentially some of the lowest cost ounces in the sector for the next decade, which is why I voted a while back in favour of the merger.


(image on the left if from the 85k drilling update)

I appreciate that they included all the drilling over all the prospects, but I am somewhat dissapointed that they could not have included more context for the results (like they used to). Particularly at Nev Nev North (they seem very keen on it), West Winds and Patient Wolf (WW & NNN - new hanging zones etc).

Looks like Applewood has legs and who knows what they will find at depth (still so many unknowns even with all the success they have had at NN/Pep).



Less than 1/4 of the planned drilling done so far... lots to come!

Though we may not get another drill update for a while, unless they find some truly price sensitive (I hope they do!)

Next piece of news if more related to RMS quarterly production and... potential dividend for all holders late in the Sept Q.

Good luck to all holders (I imagine some have moved on with their capital, and I wish you all well!)