Thanks @speculator101 - nicely put.WRT the 4th DD rig - at the...

Thanks @speculator101 - nicely put.

WRT the 4th DD rig - at the AGM call SL said: So far the 'New Position' isn't a Pepper repeat due to the grade - for that reason they are being conservative with their language BUT the 4th DD rig being added to focus on it should give an indication of how excitied they are about the possibilities there.

They repeated: working hard for MRE update in Dec which in turn will underpin 'first half' next year FStudy. In answer to question about restart date, seems like plan A is after FS, but board will look at how exploration is going at that point and make a call (nothing new I think just keeping options open).

Other points that I don't think we've heard before:

- DC said the PFS with probably use AUD $2800-$3200 gold price as its basis (consistent with current practise for similar sized developers) - unless something significant changes in the coming months (SL said something like the Trump trade is in full swing today or similar)

- When asked about recoveries, SL said the Mill is very much not optimised for the targetted NN/Pepper high grade ore. The current Tpa capacity is irrelevant - they will start with what tonnage is mineable and work to a new plant design that works well with that. NN met studies are done and recoveries high but while Pepper WIP looks promising, those met studies are still in progress. DC said likely there will an update on that in the coming weeks.