Very pleasing to see this drilling underway , heaps of potential here as for the up coming revised Restart Study this will be released in November , soon . The revised restart will be targeting increased production, improved recoveries, a lower upfront capital cost and stronger cashflow1 , this will be interesting , my opinion is we will see an extended mine life , 5 years ? and perhaps 50/60000oz a year ? , we know there will be improved recoveries and I suspect a reduced plant upgrade cost , the first restart study was a rolls royce version but it's quite possible a more general upgrade is now on the cards no longer the full on on upgrade to almost a new version , if this is possible many millions will be saved . I feel the first restart study was very conservative the reason for this might be management has a big stake in the project therefore proceeding with caution , we will all know soon .
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- Ann: RC Drilling Commences - Eastern Zone and Belvedere
Very pleasing to see this drilling underway , heaps of potential...
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