General Discussion Topics, page-88019

From the NAL PFS https://wcsecure.weblink.com.au/pdf/SYA/02523963.pdf Pg 3


If you look at this you can see a mine life of 27 years and average ore we will feed 1.5 mt per year. That means over the life of the mine we will mine 27 * 1.5 = 40.5 Mt of ore.

HOWEVER

from the document dated March 1, 2022 https://wcsecure.weblink.com.au/pdf/SYA/02493948.pdf Pg 2 we see that NAL have about 120 Mt





So our PFS only covers about 1/3 of what is in the ground.

The other 2/3 are not part of the PFS nor do they show up in the NPV of the mine.

So when I speak of "there is more to come", I am not just referring to Moblan which I believe will be a monster on its own, but also to the other 2/3 of the JORC ore from NAL that is not being factored into our current SP..


I believe that we will be eventually building a 2nd larger concentrator on the newly acquired Jordan claims. The following specifically targets new infrastructure expansion for the processing facility. https://wcsecure.weblink.com.au/pdf/SYA/02597835.pdf --> Pg 1