in pre open..whts the news, page-45

It is obvious that Kevin himself has an agenda.

Who the hell calls a trading halt for reporting of an unfinished single drill hole!!


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FYI

JORC CODE
18. It is recognised that it is common practice for a company to comment on and discuss its exploration in terms of target size and type. Any such information relating to exploration targets must be expressed so that it cannot be misrepresented or misconstrued as an estimate of Mineral Resources or Ore Reserves. The terms Resource(s) or Reserve(s) must not be used in this context. Any statement referring to potential quantity and grade of the target must be expressed as ranges and must include (1) a detailed explanation of the basis for the statement, and (2) a proximate statement that the potential quantity and grade is conceptual in nature, that there has been insufficient exploration to define a Mineral Resource and that it is uncertain if further exploration will result in the determination of a Mineral Resource.
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So yes it is clear that Kevin is not breaking the JORC code, but he certainly appears to be spruiking this one quite heavily at the moment.

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The big question is how many options is Kevin himself going to exercise??