According the Placement announcement (https://hotcopper.com.au/threads/ann-placement.5222896/), drilling should start this month which hopefully means we'll hear something by next week.
Note that it was Terry Streeter quoted in that ann, so hopefully it carries a bit more weight.
Having said that, I agree with you, they should have included a clear timeline in the preso (... and ensure the timeline is met).
According the Placement announcement...
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