Reviewing this presentation plus other info (including CW's report), have been looking to piece together the possible news flow from here as it is clear that without news flow, this share price will just continue to drift in the 20's.
My summation (and I would be interested in other thoughts) is as follows:
Now to Christmas (Q4, 2022):
- Possible Bombora resource upgrade (as mentioned by CW in his report)
- Outcomes of mine planning, pit optimisation and mill studies
Q1, 2023
- Ularring results (I think they are drilling from this month?).
- Phase 1 development study + permitting
Q2 & Q3 2023 - have not got a clear handle as yet. Maybe some update announcements on their progress towards commencement of mining / capex costs / etc, plus maybe results of test holes at Windward, Bombora East, Manna Gold and Booty?
Q4, 2023
- Bombora DFS
- Maybe another Bombora resource upgrade
So, a further year of announcements and cash burn before we maybe get close to a decision to start mining.
Would be interested in other thoughts / views.
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Ann: Investor Presentation, page-37
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