Well here goes,
Since the last announcement two weeks ago, they have drilled an additional ONE hole. Surprising given they bragged about drilling upto 300m a day.
Furthermore, the map doesnt even indicate where that hole is! Its exactly the same as the previous map. Sloppy.
Marks comment
"We hit the coal at 27m below surface and followed coal all the way down to our drilling cut off at 146m"
Is wrong. From the table, the cut off of BT37 was 168m!
The JORC will not include any further drilling. Hard to see a robust JORC based on a straight line.
Hmmm...sorry to be negative but its hard to see anything positive besides the actual hit...where ever that it! Is almost as if the management dont want to put a decent announcement out to increase the SP and add value to shareholders.
vics assessment
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