PEX 0.00% 15.0¢ peel mining limited

Hi TremontiThe plan as I understood at the AGM espoused by Rob...

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    Hi Tremonti

    The plan as I understood at the AGM espoused by Rob and Jim being a new plant capable of processing the full suite of minerals best efficiently mined from both Mallee Bull, Wagga Tank Southern Nights.

    They felt this better than paying the interim costs of care and maintenance of any old plant until the decision to mine is ratified.
    All conjecture guessing really about what is decided is a waste of energy until announcement clarifies the permitting to mine and the scoping study of gross best economics from WTSN is updated coming in the March quarter.
    Meantime as I’ve said previously the sp languishes until the go buttons are pressed and funding is arranged in certainty.
    I’ll look forward to results and an update corporately with viewpoints from the engineering and geoeconomics once both are suitably studied and best feasibly combined.
    At the AGM Jim said he looked forward to helping Peel with the necessary advice & steps required in mining.

    Sarg



 
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