Anticipated timeline of Events.
As of 02/11/2021, the following is a guide. (mix of fixed, and projected dates by investors).
Credit to Zoros (LSE) for the dates being updated.
His full roadmap can be found on his investor page here.
November 2021. HAVIERON
14/05/21. Decline commences. (420m deep / 2.6km long).
15/07/21. Mine officially open.
09/21. At Hav, additional significant grades identified between 1200m and 1450m.
Significant grades identified in N breccia. Potential to expand original
MRE(inferred). E breccia 600m extended strike length.
Q4/21 90,000m growth drilling continues until July 2022.
Q4/21. 24 Assays pending.
12/10/21. Hav PFS. (Stage 4 complete. NCM earns 70 %. Qualifies for extra 5% @ fair value).
10/11/21. NCM AGM.
26/11/21. Firetower/Warrentinna mining rights expire.
09/12/21. NCM Interim report.
12/21. Option period to buy 5% commences (deadline: 12/22).
12/21. GDXJ quarterly rebalance..
12/21. Option for NCM to take over management @ Juri JV.
H2/21. Drilling programme commences – Rudall.
27/01/22. NCM December quarterly results.
16/02/22. NCM Half Year results.
Q1/22. Ventilation shaft construction commences.
Q1/22. MRE(2)(Inferred) for extended SE Crescent and breccia / N. breccia zone.
27/04/22. NCM March quarterly results.
2022. Drilling commences @ Ernest Giles.
Q4/22. D.F.S. Decision to be made to Bulk Mine (as a JV) by NCM / GGP.
[NCM loan of $50m runs out on completion of DFS].
[Decision to mine will result in payment of 145m shares to Pacific Trends Resources].
08/07/22. Bromus mining rights expire.
Q3/22. Exploration decline and ventilation shafts complete.
Q4/22. Bulk Mine decline commences. [1200m deep / 8km long].
Q4/22. Sub Level Open Stoping (SLOS (subject to change)) construction commences.
10/22. Byrnecut contract for first decline terminates.
01/11/23. Panorama mining rights expire.
H1/24. SLC first Ore (Jul ‘23 to Jun ‘24).
Q3/26. Block Cave Mine (BCM) construction begins (access and ventilation shafts).
2028. BCM production. (SLC and Bulk Mining, operating in tandem).
2031. Stoping estimated end of life based on:(13Mt/2MozAuEq/2Mt/yr).
2033. Stoping estimated end of life based on:(26Mt/2.9MozAuEq/3Mt/yr).
2053+. BCM estimated end of life.