finally a holder, page-30

Yep minelife limit, thats what's allowing people to potentially grab a bargain.

Based on remaining minelife, assuming no nasties in quarterly tomorrow, I estimate a fair value for SP of around 33-37c.

The big kicker is resource extension at E9 pipe, ala what NST achieved with Paulsens and to a lesser extent, E4 pipe being deemed to be economically viable again (Tiffany desperate to ensure cntinuation of supply of Ellendale's FY diamonds).

The cashflow provides support against downside risk while being exposed to significant upside potential.

Cdchi1