I read an analysis the other day regarding Mallee Bull & the potential for delays with CBH. It was speculated that Peel may look to monetise their 50% share. In other words sell it off & concentrate totally on the projects they own outright. Also that any money generated from mining Silver Ray will be needed for capital works to drive the decline to the 300m level where they plan to set up an underground drilling platform.
Ann: Southern Nights Returns Stunning Drill Intercept, page-94
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