Ann: Financial Results from Penny's Find Open-Pit Operations, page-10

What I don't understand is the hype about the underground Resource.

I don't recall seeing any creditable information that supports more than 50,000 oz of Gold and if my memory serves me correctly that was thinning at depth.

How a director can say "assessing taking PF into a much larger longer term " on the back of that information is totally beyond me, unless he knows considerably more than this shareholder.

Conceding that others may have more assessment ability than I,  IMO, until the feasibility comes out much of what is being said is pure speculation.