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18.5¢ predictive discovery limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-5

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Dibdab

810 Posts.

134

26/10/23

10:00

Post #: 70545862
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Originally posted by MadMax69: ↑

I really don't like promised timelines changed but they were going to have to do a PFS after the SS anyway. ESIA obviously delayed as well putting permitting back as well I assume. Disappointing that this news comes out in the quarterly and not as a special ann as this is material on its own. Probably putting it in this ann to reduce the negative impact to some degree. The positive spin they're trying to put on it is commendable.

800W looks like it's turning into a satellite deposit that might even get its own JORC at the next upgrade. Maybe 100K oz in there at least. Only 400m from NEB, maybe it becomes part of the NEB open pit eventually with over 5Moz.

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It looks like they have genuinley replaced the SS with a PFS as it was never on the timeline

PDI Price at posting: 23.0¢ Sentiment: Hold Disclosure: Held
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