I think they might have been feeling the pressure with the price sliding and nothing to communicate yet. Realistically this news could have been held off until the IP survey was completed.
Still, I agree it is good news. They've got evident anomalies to target, on a fertile trend. I wish this had been done in the first half of the year, when rain shut down Mt Isa but here we are - if they can get drilling done in Q4 then we'll be happy progress is under way. As a plus, the Zambian land is of interest to the London market who are probably more likely to want to finance in the long term.
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I think they might have been feeling the pressure with the price...
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