the words in the announcement seem to have been carefully chosen to be obscure
my guesswork here
tenderer's price quote for the work required by the end of Dec
tunnelling begins early January
90 days of tunnelling including providing all required services such as electricity, air, water, ventilation, communications ...
distance to "the mineralisation" (we are not told which of the two mineralisations) is about 120 metres assumed measured vertically, so the tunnel, usually called a drive, would be about 850 metres at about 10 metres per day - cost about $3.5 million
CGT Price at posting:
48.0¢ Sentiment: Buy Disclosure: Held