Ann: Diamond Drilling underway at Sovereign Ni-Cu-PGE Project, page-10

Do you think theres anything priced into DEV for Sovereign?
Not much IMO, so any sell down will be minimal.
I've been expecting CHN to try and take out ASQ and DEV from the Sovereign prospect so they can keep a foot on the Julimar trend.
DEV is primarily U2 focussed and only did the NSW copper as a fill in while they waited for the U2 price to recover.
No one will have a better idea of the Julimar trend mineralisation than CHN geos though and I expect they will be pretty focussed on the State Forest going forward but I keep referring back to their presentation that talked about the geophysics at Drummond.
Jansz and Sovereign may just be the bleed off from Drummond but if thats the case then Sovereign would still be hugely valuable.
Sovereign is a strange and unique feature though and has been caused by some event.
I certainly don't think the DEV drill holes are just 'shots in the dark'. There are PGM values in the overlying soil for starters.
All JIMO.