they will be focused on updating the resource, continuing on with engineering and studies and preparing a scoping study and the application for mining etc. This is as per announcements and discussion with Richard.
As per traditional explorers, the next step is to work towards. PFS and DFS which will require further drilling and studies. They will need additional money for this. So all in all my thought is that the probability of drilling is more likely next year. However, the work they are doing roght now is very imortant and de risks the project significantly and should be a greater reason to buy in my opinion. But the market doesnt care about the background work.
MMA Price at posting:
23.0¢ Sentiment: Buy Disclosure: Held
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