Ann: Open pit study lights up Lake Roe, page-16

Catch me if you can.The resilience of spot gold (see below) in the face of the stronger US dollar bodes well for precious metal equities in my view. Gold stocks have underperformed the physical metal this yearbut could now play significant “catch up.”

US$ gold

Perfect timing for this study and the further studies to come this year. I think they might go straight to DFS or even FID end of this year as they are cashed up. All thnx to GL1 share price.
Also something to note that they have used gold price of A$2500 for this study and current gold price is A$2600 and was A$2800 only couple of weeks ago. Gold will only move forward in my opinion as USD is close to some very formidable resistance. And if gold can perform in current USD strength then watching gold during weaker USD will be a spectacle one would want to watch.
Also they have used an half extra percent State Tax loyalty which is good. Just gives that extra space to any surprises.