Agree mostly what you are saying
The initial exploration target was calculated over ~11km of strike down to ~200m below ground surface (as per previous announcements).
By my calculation the resource drilling ONLY covered ~6km out of the initial 11km target.
Since the initial target was calculated, we can see from slide 10 of the recently released presentation that they have probably expanded now to ~15km since they have said they have intersected mineralisation in this zone. Also from previous announcements they seem to have also proven depth extension to ~400m or so, although with limited drilling.
I like to be conservative because people get preconceived numbers in their heads before official announcements....
However, join the dots up and I believe, in my opinion, there will be a significant upgrade to the target in the future.
We will see
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