SDL Operational Update Neutral
SOUTHERN PALLADIUM LIMITED - Bengwenyama Update: DFS Works Program Advancing with 6,651m Drilling Completed Alongside Mine Design Optimisation
Southern Palladium Limited
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What this filing means
Bull case
- Phase 2 DFS drilling is 49% complete and on schedule for the August 2026 target.
- Mine design optimization to a 9° decline gradient reduces total development metres and shortens the box cut.
Bear case
- The shift to a steeper 9° decline gradient introduces potential operational risks compared to the original 6° plan.
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