from 6 cents to $3???, page-8

$3 will be conservative.

I got in at 83, sold half at $1.35 , sold a few more at $2. Now back in at $2.90.

Classic case when the drill bit has reduced risk & I think now has less risk at $3 than it did at mid $1's.

Really , this deposit will be easy to mine ( relatively speaking ) with massive widths, low dilution and by road to a port ( let's not discount haul road to railhead on trans Aus line ( heaps of sidings on the line that could easily be used ) .

Oh - and only a very small portion drilled - you are getting real results for $3, and upside for free.

Cheers

Baraka