Good news:
1. Drilling for PFS complete
2. Results expected to increase JORC Indicated Category (Already cover SS production = 14kts LCE over LOM = 24 years.)
3. Expected increase in overall open pit wall angles from 36 degrees will reduce stripping ratios and improve project economics
So possible outcomes in PFS:
1. Increase in production profile and/or LOM
2. Reduced C1 Cash Cost (and AISC)
3. Increase in already VERY STRONG NPV
All very positive stuff and just makes PLH (Soon to be INF) even more undervalued at current SP = A$0.12
Please DYOR
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