The key TO trigger is the reserve estimate and until recently Alex was certain it would be released before Xmas. M0ngy reported back from a conversation he had with Alex where this was confirmed. Abruptly this changed and Alex put the JORC off until next year. So we didn't get the rich news flow with drill results and no JORC. As I posted before we can rule out bad results. M0ngy suggests an AISC of $500 oz au so each oz gives a $2k + profit. Very likely there is a lot going on behind the scenes regarding the future of Younami. It's confidential under ASX rules.
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