I have to agree with Copper Bull. Peel are constrained at Mallee Bull by CBH. I believe Peel are pursuing the smartest option at the moment. Jogmec are currently funding Wirlong so that is a no brainer. By all accounts Wirlong looks to be very promising. So hopefully with drilling success at Wirlong Peel can piggy back of that success with an aggressive new exploration program at Mallee Bull.
In regards to Apollo the recent drilling campaign was very modest and was about securing the tenure of the leases and in the process was a success. Indeed with a very limited drilling campaign they have shown there is further potential at Apollo. Im sure if Peel could monetise Apollo for a reasonable profit they would.
All in all I believe Rob and the team are doing a great job and are pursuing the most prudent course of action.
I have to agree with Copper Bull. Peel are constrained at Mallee...
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