Prospective, do you understand yourself what it would take to "greatly advance Suplejack?"
The reason I am asking is because in a greenfields project, when in the prospecting and exploration phase you need to find/expand a resource(gold in this case). This occurs over time, during exploration and in production.
For example I am also invested in a gold co; SAR. Last FY they spent 21M for a 57% reserve increase to 1.1Moz, and a 15% resource increase to 4.1Moz.
ORD achieved 100% on ~1.5Mill for 100Koz. The true bottom line is that the objective was to expand the resource. Again, what is "greatly advance" - is this a bigger resource and BFS? How were they going to do that with 1.5Mill and 10 holes :) ? The current result provides a platform for "next steps". My point is that your point is irrelevant.
I am just trying to assist, as I fear if they drilled another area in SJ and the resource went from 100Koz to 150-200K you might be equally disappointed based on your own expectations
VAN Price at posting:
1.1¢ Sentiment: None Disclosure: Not Held