NWC 0.00% 3.0¢ new world resources limited

Ann: Third rig now drilling to accelerate testing of targets, page-40

  1. 3,703 Posts.
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    PFS June from what I understood.

    Javelin x 8 holes drilled and assays back in July. Visuals encouraging but with AsX clamping down on visuals releases, the team will get the full data suite before releasing.

    Pinafore is the priority extension target to prove up what the consortium of Placer, Barrick and Homestake defined. Low hanging extra tonnages at very high grade.

    The part about $300 million AUD FCF from Antler at spot prices was quite the cherry on top.

    Personally, hope the PFS is early July so we get past EOFY sell down happening atm.

    All looking pretty solid as far as progress concerned, just too bad the market isn't valuing it atm, this will come as junior commodities plays get more liquidity rotating in from other sectors.

 
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