RE: Little top up6 Jun 2025 11:08
Vic, Brad is going to have to monetarise Pepas at some point. There seems no point in saying we have x ounces in the ground at shallow depths if you are not going to exploit it. Unless Brad knows different, there is no reason why they can't move to a mine it ASAP. We could certainly do with the money to find other targets in our portfolio and it would raise the SP and put us on a more stable footing. Pepas North and other portfolio targets can still be drilled especially when the much needed coffers start to pour in. At this moment I can't see the downside in bringing the gold to market as it will have to be done at some point and the funds would allow our portfolio to be progressed at an accelerated rate.