If they find a rock deposit we then have to go through the obvious process of further drilling, potential environmental approvals, agreements with the Martu, scoping to feasibility etc. Based of previous experience this will take years. Alternatively is the intent to use Officer to push up the SP. Is KL on a deliberate slow burner? Did GC leave because MR wanted to go slow? How long until we see a DFS? Would we be taking a more aggressive approach at KL if the SP was higher? How much of the Bechtel study and PFS revision work will feed into the DFS? Is there any engagement with partners/NAIF? Arguably investors have seen little sign of progress for 12 months.
RWD Price at posting:
14.0¢ Sentiment: Buy Disclosure: Held
