Brussels A fair question - Firstly I have sold down - top sliced as the traders say and what I hold has cost virtually nothing. Secondly I have not discounted Purdys entirely - should still be a fair resource even if it does not extend along strike -and possibly extends down dip -- Thirdly the news from KAI today was stunning -very high grade in streams ---no doubt in my mind auriferous conglomerates Pilbara wide in varying clusters hence Oscar Wits -Elysian - Silica Hills might come into calculations - Fourthly even if a drovers dog was running the company combined with the cobalt potential it might support the present market cap -
Now to the hard part -- 'current conglomerate testing' in the absence of any news on bulk sampling -mining is a few hundred kgs through a laboratory that takes months to produce results which by no stretch of the imagination can provide any definitive answers on the tonnage and grade at Purdys. Seriously -is that what you are hanging your hat on mate.
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