a compelling value proposition, page-13

budda jt

Both valid and viable points

Another possible scenario is some sort of JV with SLR in the Murchison

SLR have the open pits, but would still be a good couple years off sourcing underground ore for their mill

Enter AAG

Underground ore feed from Big Bell to complement SLR open pit ore at Tuckabianna

Remember SLR did purchase a 2.5mtpa mill, and they've come out and said they only need 1.5mtpa for the Murchison

I wonder if AAG could get their 0.7mtpa capacity through the SLR spare mill capacity. It would certainly reduce the capital requirements to enter production

All will be revealed shortly IMO. The SLR board meeting for the Murchison green light is at the end of this month

Cheers