Spec, Drilling is all finished in WA. Just awaiting assays....

Spec,

Drilling is all finished in WA. Just awaiting assays.

Amok,

whilst the mill has a replacement value of $15m it's value as a stranded asset would be negligible if there is not an economic mine nearby. As second hand kit to be relocated you'd be lucky to get $1m IMO.

Sydney,

I hope they get that much development done. Remember that c. $1.3m cash is unavailable to ORS as it is held in reclaimation bonds. The free cash flow for operations is c. $1m of which a few hundred grand will already be spent.

Cheers
John