what is the ssc story?, page-10

Eguido current MC is peanuts once Peelwood North (PWN) starts producing. News on final Govt approvals and water studies are not far off and once announced a production timeline would be expected by the Co.

Revenue from PWN on my calcs is expected at around 7-8mill per ann for a minimum 4-5 year mine life. Imho this will give the Co plenty of time and money to get Monty into production and from previous ann's Monty's resource is expected to be a minimum 20 times bigger than PWN. JORC progress on Monty (which is overdue) should confirm this.

I think DGH44 touched on a very good point on our AU sampling program in Peelwood and I do concur with him that Newmont would be watching very closely on SSC'S drill program there because I believe SSC have got a nice parcel of land next door to that 3 mill ounce Newmont play.