Dear IRyan and HuonScott67The next catalyst I think will be the...

Dear IRyan and HuonScott67

The next catalyst I think will be the commencement of some selective underground mining at Riverina (should be within weeks now), some more drill results around Sand King, the AGM presentation and the December quarterly report in Jan 24.
Confirmation that the tertiary crusher has been installed without issues and the possibility of some powerful new motors would all lift confidence that plant unreliability issues are going to be behind us.

The AGM slated for Nov 28 may be the platform to outline such details.

The stock market looks forward, so a sound improvement in the December quarterly numbers will have investors contemplating the numbers expected in the next March 24 quarter where things have to get much better with the start of stoping high grades in Feb and a likely scoping of the second decline to be built under Sand King using the Wesfarmers cash.

Last June 23 (thread … Anyone wanna make a bet?) nobody dared to bet me that the OBM price would more than double from 12 to 25 by June 2024 … and I’m now thinking just as well.

That price target is feeling conservative to me now.