NML 0.00% 1.9¢ navarre minerals limited

Ann: Multiple new large-scale geophysical targets at Mt Carlton, page-4

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  1. 978 Posts.
    lightbulb Created with Sketch. 155
    Yes, from 'legacy geophysical data'..
    They would have known about this and kept it in their back pocket until it could be used.

    CR definately incoming

    The POG has to rise, recovery needs to improve or cost of doing business needs to drop for this to stay sustainable.

    I can't see the POG rising until the end of '23 thanks to the Fed and input costs are likely to rise significantly over coming months, if anything.

    I'm not convinced that starting another drilling campaign at this point in time is a compelling use for scarce funds.



 
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