Gold Projects, page-87

Hey Crom, If you read the Beer & Co research report from 2014, their research indicates that the Kempfield project is more sensitive to the tonnage and grade of zinc over silver. I think we might get a fairly decent zinc upgrade in the revised JORC. My personal opinion is that management will be looking to push the project forward on the back of that, as it will support the economics of the project, even if we lose some of the Silver ore reserve going off current prices in the JORC upgrade. It would only be temporary if the silver price keeps rising, as they could easily revise the JORC again next year to further support the projects viability.
If you think about it, the average size mining construction project will take between 1 and 1 1/2 years to complete going from civil works through to commissioning. If they complete the revised JORC by say October ( whether that's realistic or not) and move from there through to feasibility, they probably wouldn't be in a position to give the green light on the project until mid next year. That means they wouldn't be processing ore until towards the end of 2019 after construction and commissioning is completed.
I would imagine management is bullish on silver like a lot of us, and they would like to be in a position to maximise earnings from the rise in the silver price in coming years especially after missing out last time with the timing of the Kempfield silver project in 2013, as they had permitting in place, and were ready to move towards feasibility when the silver price dropped dramatically.
I personally think they will be looking to move towards production as soon as it is economically viable to do so, and they will be hoping the current round of drilling along with previous drilling will produce the extra tonnage of ore needed to move forward.
The mining game like most businesses is all about generating revenue, the longer we go on without cash flow coming in, the more shareholder wealth will be destroyed through equity raisings.
After watching DB in a previous ARD presentation, he made the point several times throughout the speech that he is against shareholder dilution and takes pride in doing what is best for all shareholders.
Best case scenario, West Wyalong drilling produces a marketable gold resource which they can sell to fund Kempfield Capital expenditure, that would be a great result.
That's just my thoughts anyway Silvermarc might have something to add given he spoke to DB over the phone recently, he may have some further insight.