In or around an initial 1Moz is what is needed for a processing plant etc to be built. Would expect EMR to announce something around that figure when they decide it is most appropriate to do so. In my opinion it's highly likely that the overall Bullzeye holding can generate significantly more than that over time. EMR have seen the cursory drilling that has taken place in the other sites, and that's not even considering the rest of the 800 sq km holding that hasn't even been touched. There is a reason why EMR are at the tail end of a 2nd takeover attempt in just over a year.
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Last
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Change
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