Except Zapato was never supposed to dwarf Amistad/Marti. It was projected to be a ~30% upgrade to the already globally significant find. Nice but not critical. There is also still a chance it is there - just deeper.
Separately, the webinar revealed there are larger zones to drill adjacent to the existing discovery in 3 directions. These will have a much higher chance of success.
So yes we have a few weeks delay that was already known pre-webinar - but we now have reasonable expectations of doubling or tripling the discovery. The size of the prize just got much larger while the price got cheaper because of general market conditions and a few traders exiting because of the short delay.
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18 | 6268773 | 0.022 |
21 | 2118175 | 0.021 |
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8 | 961198 | 0.019 |
Price($) | Vol. | No. |
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0.025 | 900000 | 2 |
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