MINres Quarterly Exploration and Mining Activity Report – January to March 2024 (Q3 FY24), P3: "Underground development activity commenced with the box cut expected to be completed in May 2024, followed by the first underground portal firing. Underground mining studies are ongoing, with first underground production targeted from mid-2025."
MM Contract is for 18-months, so I think it should roll over to a UG production contract once the development is complete. They did say FY25 Revenue $200M, which is $70M more than FY24.
Ann: Updated Pioneer Dome Scoping Study, page-47
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