Correct me if I am wrong but the way I read the report the reported intercepts understate the true width.
from page 4 "The recovered core shows that the banding and boundaries are at low angles to the core axis consistent with a shallow westerly dip. Accordingly, the intercepts are likely to be 65% to 75% of true thickness".
If indeed I am correct, instead of 40m intersections, we may in fact be looking at approx double that ie 80m. That's a HUGE difference.
This may explain why our market yesterday was slow to react positively.... but our Canadian friends cottoned on much quicker by the look of things overnight... LOL!
All up I thought parts of the report were poorly written relative to previous ones but the detail was nonetheless spectacular.
EXT Price at posting:
$9.29 Sentiment: LT Buy Disclosure: Held
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