EFE 20.0% 0.4¢ eastern resources limited

Ann: Commencement of Phase 2 drilling at Trigg Hill, page-131

  1. 1,525 Posts.
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    I think EFEs strategic partner YaHua would be pushing to get as much exploration done as soon as possible as they
    know that there will be a shortfall for several years and they need supply as soon as they can get it. By doing the 2nd phase of drilling now it will probably put us almost 6 months ahead of what it would have been otherwise.
    An excellent decision imo and it is good to see that management appear to becoming proactive.
    If the assay results are what most of us are expecting we will see a rerate and a lot more enquiry which will be most welcome.
    IMHO But please DYOR.
 
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