They are very confident about both key projects. They believe Tambourah could be another Pilgangoora, but the drill bit will have to do some work. That being the case this will be 50c plus quicksmart. They needed approvals plus the wet season to abate, given its the Pilbara. Very similar scenario to the early days of PLS, except they have a second serious project with the Manganese and also the deal with Rio.
Could be a great run to XMAS.
Ann: Trading Halt, page-13
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