Drilling update ?, page-20

Hi Funk

I’d guess late in the week but it’s down to lab and analysis, Rob’s collation time, to put the holes into good geodata format with best perspectives.

There’s no doubt it’s all go with rigs, and no news of issues weather or otherwise so Wirlong, Southern Nights and The Bird (Fenceline) should come in for extra focus.
The interesting pending big news end of March will be if T1 Silver Ray ergo into Mallee Bull will go ahead as economic pending usual approvals.

Given the richness of near surface mineralization
I still reckon cash flow will be had to advance mining into the prized copper envelopes from 400m- 2000m or more?.
Time will tell and the clock is really ticking now, very timely with base metals looking good and strong in 2018 and onward.

The usual process to come is a re-rate status of “explorer to miner” ...
So hopefully now for Peels sake we will see fund managers start to take note, and take a cheap stake in anticipation of cash flow, and ongoing success growing the ore bodies down deep, per the other long term Cobar mines, which have produced Cu Pd Zn Ag AU for >100 yrs.

If Mallee Bull is first cab off the rank, given the richness of Wirlong and Wagga Tank Southern Nights, I’m anticipating a truly fantastic 2018!.

I’m happy steadily accumulating with the team working diligently on grade, extra strike, depth and tonnages.
GL Funk and to all, many thanks for your regular contributions, in this very interesting forum!.
Sarg