Interesting news regarding the super pit. I found plenty of DDH1 references when I googled the pit and Northern Star. I usually look up any mining companies that announce drilling campaigns. Lots of DDH1 work being reported around the place. But, do your own research.
There could be a downturn coming. The China news is not encouraging- the rate cut there was less than expected. But development drilling continues in a downturn- DDH is 87% or so production drilling. I think that the definition could overlap brownfields drilling- not claiming to be an expert.
This stock has been good for me- happy to hold during the next downturn. Bought more today.
IMHO DYOR
Note- I am a typical mug retail punter who makes all the mistakes that retail investors make plus I make a few mistakes that I have invented for my own personal use.
Ann: Investor Presentation on 1H23 Results, page-68
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