'As a result of the expansion in the mineralised footprint visually evident from recent drilling, a deferral of the PFS was agreed in order to allow additional drilling to be incorporated into an updated mineral resource estimate, which will be utilised for the PFS. This is not as a result of any delays in PFS work streams, which are all progressing as planned, or any COVID-19 related issues. The PFS is expected to be complete in early Q4 2020.'
Given the market will judge the PFS numbers, incorporating newly defined high grade into it makes perfect sense and should only have upside. So expecting a updated MRE, rerun the mine plan and incorporate results into PFS.
Be nice if the actually released some of the drilling results to market before the PFS.
Ann: FY20 Annual Report, page-4
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