prospecting licence granted, page-68

Announcement on Boardroom Radio ie ABC is a paid for comment site!

It will be well bid on Wednesday but you are right they still have to prove JORC resources. This is why they need to complete further drilling. So at this stage this is still an exploration opportunity with assoicated risks. It is not yet a proven JORC resource for development purposes. It will be many years before any resource is able to be mined and transported to an agreed commercial refining facility for processing.