KCCCC, page-16

Well said Dockie,

I liked the commercial merit terminology.

"Pumped Hydro is progressing well with a number of firm bids received of commercial merit." 

From the September Quarterly

"the Company has taken the opportunity to utilise the idle equipment to accelerate the earthworks associated with the rehabilitation obligations"

I have been wondering why they would be spending cash on rehabilitation before it was necessary to do so.

and now the committee notes.

"Rehabilitation has been ramped up"

Definitely working on having the open pit done and dusted ASAP.

I found this very interesting.

"There is an active investigation immediately around the mine site,"

At the Brisbane Round Up I asked Peter if all the Kanmantoo resources would be lost if the PHES went ahead. He said there was a question mark over the Nugent loads and there were strong indications that the lode containing "The Main prize" extended well beyond the restriction zone.

When I asked him why they weren't concentrating the drilling programme on those resources rather than the more distant ones at Kanappa he said good question. He went on to basically say  that if the plan to proceed with mining the Nugent load is abandoned then it did make more sense to move onto the near plant resources immediately.

Definitely sounds like the PHES is a strong contender.