PEX 0.00% 10.5¢ peel mining limited

Ann: Infill Drilling Completed with New High-Grade Zone Confirmed, page-47

  1. 185 Posts.
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    To think that Peel do much planning is a stretch. Also, Peel and CBH have been fiddling around with Mallee Bull forever. No sign of joint planning or exchange of information.
    With regard to Endeavor, it is unlikely to be economic to restart the mill for relatively small tonnages from Mallee Bull. In any event it is too far away. CBH has probably put it on c + m to delay the cost of the clean up of the site. Agree there is no point keeping the mine going when it is uneconomic.
    All we can see for Peel is another capital raising in the not too distant future.
 
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