I am quite happy to see this in terms of getting a transparent drilling schedule with multi rigs plantation. Imo, Initial JORCE definition will follow on Q2 along with according drilling success.
JP mentioned yesterday lunch noon a bullish reply on SGQ drilling campaign saying “We are undeterred by the market turmoil and remain very confident of advancing Mt Alexander to a mine and making further significant discoveries in our large, high-grade mineral system.”
It makes me believe that CR will be only happening after weighty uncovering which will be starting on or around 20th this month. Some could be concerned the bottom line of our Sp could be dropped down to 90% like last GFC for many small caps. Otherwise we will have no issue to climb over 200% based on SGQ’ previous findings and completed analysis imo. I keep my seatbelt tight and will wait for a weekly drilling update happening next two months. It may hurt on the way with many panic plays. However, I rather like to focus on SGQ drilling success in the next three months.
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