E25 2.38% 20.5¢ element 25 limited

Hi DABRU.They were doing ongoing target generation at Peak Hill,...

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    Hi DABRU.
    They were doing ongoing target generation at Peak Hill, and progress towards a global resource upgrade. They assigned a Project Geologist and indicated that at the end of the current phase of work, the Company would review their strategy going forward. The decision must have some degree of importance to call a trading halt. Maybe it is a farm out. Of all Sandfires neighbours, I wonder which one they may consider getting involved with. SFR were keen on Cherona which NST got through the luck of the draw ahead of 14 other bidders some time ago. MZM is in similar territory so it will be interesting to see if SFR or even NST are looking to put a finger in the MZM's pie.
    Merv
 
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