Just from looking at Google maps, you can see the tracks and drill locations appear to be cleared at Baggy Green. I genuinely think they will rock up with the rig, which is truck mounted, and commence drilling in a day or two at most.
To be fair, as Australia goes its really not that remote of a location. Its only about 20km from the town of Wudinna. A typical rural Australian town, shops, butchers, pubs restaurants and the obligatory Caltex station.
I don't know, but I would imagine the camp would be fairly small, like literally a site cabin and a toilet with accommodation in the town. It would not be worth investing in a full site compound.
There is a huge difference between that article and whats happening at Havieron.
The main difference and the most important: There is no construction for a processing plant, its sitting their in Telfer just waiting for more ore. The beauty of having Newcrest onboard.
The whole feasibility and construction stage of that graph is skipped past. The MRE in December will allow works to commence immediately on the decline. they will be mining at some stage next year while GGP continue to explore the region
There is no comparison between GGP and ORR. I hold both, been in GGP since 1.6p. ORR has nothing like Havieron or ScallyWag or the Patterson Range East. Not to mention one of the largest gold miners in the world on a JV drilling 24/7 with a processing plant next door at Telfer.
They're is huge potential for ORR and a market cap of multiples from here is possible, but in my opinion its not in the same league as GGP and most likely never will be.
Kuschall - The most important words there are "expectations managed". That is very important, many companies will have issues at present. To see they are being managed and efforts been made to mitigate is the most important thing. To see businesses maintained is good.
Trading profits are obviously going to be pushed out, that's just common sense. They've highlighted that, otherwise the market would have reacted badly when the time comes. In the current climate there is very little negative about that RNS.