IMO best case scenario the assay results show that the resource body extends beyond current known resource which they did last time. so say we get drill results that extend and they want to keep stepping out the drill rigs then we will have to wait longer for the JORC but that's a good thing cos resource estimate will be higher!
I'm going to be more conservative than you and say that the extension in the last results gets them out to 800k oz. However, if they extend again then maybe will get up to your 1.2M or 1.4M ounces. Then the question is do they keep drilling or stop drilling and define the resource?
it's a nice problem to have
DYOR
EXU Price at posting:
10.5¢ Sentiment: Buy Disclosure: Held
