Anticipated timeline of Events.
As of 18/09/2021, 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.
09/21. Juri JV (4 x assays) gold @ Goliath / Outamind.
10/21. Los Diablos / Parlay / remaining Saddle reef assays due.
Q3/21. MRE(Indicated) for SE Crescent and adjacent Breccia zones.
Q4/21. Havieron PFS. (On completion, NCM will own 70% Hav JV).
12/21. MRE(2)(Inferred) for SE Crescent, adjacent breccia and Northern breccia zone.
09/09/21. NCM Interim report.
09/21. GDXJ quarterly rebalance.
28/10/21. NCM September quarterly results.
11/11/21. MSCI quarterly Index Review (effective 01/12/21).
26/11/21. Firetower/Warrentinna mining rights expire.
H2/21. Drilling programme commences – Rudall.
09/12/21. NCM Interim report.
12/21. GDXJ quarterly rebalance. .
12/21. Option for NCM to take over management @ Juri JV.
27/01/22. NCM December quarterly results.
2022. Growth drilling programme planned. 70,000 – 85,000m @ Hav.
2022. Drilling commences @ Ernest Giles.
09/02/22. MSCI quarterly index review(effective 01/03/22).
12/05/22. MSCI quarterly index review(effective 01/06/22).
Q2/22. D.F.S. Decision to Bulk Mine (as a JV) to be made 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.
11/08/22. MSCI quarterly Index Review (effective 01/09/22).
Q3/22. Exploration decline and ventilation shafts complete. (@ est rate of: 155m/month).
Q3/22. First pour? [Commemorative Ingots?].
Q3/22. Bulk Mine decline commences. [1200m deep / 8km long @ 350m/month?][22 mths].
Q4/22. Stoping starts @ main ore body. (https://www.youtube.com/watch?v=BdU6-DvnpVU)
10/22. Byrnecut contract for first decline terminates.
10/11/22. MSCI quarterly index review (effective 01/12/22).
Q4/23. SLC full commercial production commences (est; 2-3 years from start of 1st decline).
(High grade, low output. (Possibly mixed with existing Telfer grades)).
01/11/23. Panorama mining rights expire.
Q3/24. Bulk Mine construction begins (access and ventilation shafts).
Q1/25. NCM may acquire additional 5% interest.
2028. Bulk mine production. (SLC and Bulk Mining, operating in tandem).
2042. Sub Level Caving estimated end of life.
2053. Bulk Mining estimated end of life.