Newcrest will continue drilling activities in the 2021 financial year to support the objective of delivering an initial resource estimate in the December 2020 quarter.The higher grade ore extracted from Havieron could materially improve Telfer’s All-In Sustaining Cost per ounce and increase , its operational life.Telfer is the largest processing facility in the Paterson Province and has sufficient capacity and capability to process other discoveries in this region. Newcrest believes that the Paterson Province presents significant additional opportunities for Telfer in the future
For those not in the know telfer is end of life processing plant and NC need to feed it.can FFR help, we will soon find out.NC will be looking for M&A ,s in 2021 as too other majors. Good luck all.
FFR Price at posting:
21.0¢ Sentiment: Buy Disclosure: Held
