Ann: 332M Drilled from Near Surface at 1.36% Copper Equivalent, page-33

I guess most people don't read the details but only the headlines.

If one takes the time to read the contents, nothing has changed, it is only that the ASX has told the company they cannot use the copper equivalent.
So the just seperated it to copper and moly %. the ASX has too many requirements, no one can remember everything, plus doesn't the ASX review every announcement before release? So that means even the ASX didn't catch this!

in addition the copper grade at 0.6% is not low, just look at the other companies that are trading at over $200-300 million market cap, some are as low as 0.30%, most averaging around 0.40% with no moly even and their copepr equivalents are all below 1%, with a few exceptions.

so how is this a bad result?