Nice key points
And maybe this indicates that -as more results of the Optimised Feasibility Study which affect the value of the company come to light - they will also be published?
From the main body of the announcement:
..As part of the Optimised Feasibility Study (OFS) being conducted by AVL to inform the preferred
project development pathway for the integrated project, work has progressed to maximise the
possible economic return through access to the high-grade southern area of the orebody, which
previously straddled the two projects.
This work has included metallurgical testwork on parts of the orebody adjoining the Yarrabubba deposit.
“Maximising returns” has a nice ring to it ?
And Graham’s comment:
…. “The team will use this testwork within the broader integration studies, with the aim of improving the economics of the project via reduced capital and operating costs.
This has the potential to deliver a material increase in valuefor our shareholders.”… reinforces that?
And Rhys, in reference to you sounding a bit triggered by repeated mention of the deposit previously being landlocked I don’t think they are trying to rub anything in or wanting to say ‘nah, nah, nah, we told you so,!’
PLS also found a whole lot of valuable new ground that it would never have had access to one the boundary between it and PLS had been removed, thus opening the way for further drilling along that boundary!
Cheers
(20min delay)