I emailed my questions re Kempfield to Argent's contact email address last weekend. The questions were about the DFS strategy, possible impact of deep drill results on DFS scope, funding/CR, native title status and timeframe for earning 70% of Kempfield. I said I didn't expect an immediate response but if they could address them at the next boardroom radio interview that would be fine.
Received an unexpected phone call this afternoon from Kerry McHugh. He had some trouble reaching my email address but wanted to say he has taken my questions on board and will endeavour to answer them via brr after the results of the reviewed Kempfield scoping study are released in 2 - 3 weeks time. I asked him about what silver price he would use in the study given the recent upwards movement, he is planning to use the current price and also apply a sensitivity range analysis to that.
He also confirmed Bullant remains on track with no unexpected problems at this point.
ARD Price at posting:
19.5¢ Sentiment: LT Buy Disclosure: Not Held
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