PorP
This from Simon Noon in an email in April:
“The Company is focussed on increasing ore reserves rather than mineral resources, and this is through the optimisation of the project via FEED study which is on track for the current quarter. We will reconsider a mineral resource update following the next drill program later this year.”
The FEED optimisation produced higher initial cash flows but a longer mine life requires a new look at Norton I think. Haven’t seen 10+ years anywhere yet.
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