RE:RE:No one selling?It is difficult to know what this PEA will say, apart from projections based on production at near mill capacity and grade as per the NI 43-101.
The fact that the PEA is to be issued after production has already started, may give Novo license to give a financial output scenario based on the grade being achieved in real time.
As Novo’s variable operating costs are controlled by haulage and excavation contracts, then that part of the financial cost projection per ounce should be well controlled.
Apart from the BC grade, the timing of concentrated ore from Karratha would be a helpful input for shareholders.
Therefore, apart from a base case PEA, guidelines on a BC & Karratha scenario would be of real value.