"LCY is drilling this for us at the moment to sure up the resource"
I just find it weird that no mention what-so-ever in drill update on 21/5? More games by LCY maybe??
"The Phase 3 drilling program consists of approximately 7,700m of RC
and diamond drilling, consisting of essentially infill drilling designed to
convert a substantial proportion of the Inferred Resource to Indicated
status and provide material for metallurgical test work.
This drilling is targeting a central two kilometre strike length of the 10
kilometre long magnetite resource at the Western BIF target."
"no reason LCY/NMDC won't pay a semi-reasonable price after the resource"
Have you seen NMDC offer a reasonable price for anything in the past?
10 mill gone through, page-12
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