I thought it’s funded by the government grant with the initial work paid for my newcrest. It will probably end up farmed out if they get something good as it is fairly deep and they can focus on minyari. For the amount of work they do a lot to keep costs low.
Going by that map of faults (from the IGO website) the other 100% owned targets look more positive with the number of targets on the same fault even though it’s not been drilled yet. Pixel will probably be drilled first because it’s much shallower to keep costs low. If that comes up it will increase the priority of the other PM targets.
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