drilling extended from 10000 to 60000m...

Heeeeeellllllooooo...

This is really really good news...they have just announced drilling has been expanded to 60,000m from the existing 10,000m program...in my opinion this is code for "commercial" and "significant"

It also indicates they consider the options money home, which of course they will need in order to pay for it all.

I suggest people take head of the implications here...as I suspect this might attract some fairly big hitters.

They rarely buy on announcement day however, so there should be a little time to grab a few at current levels if you are patient...but at some time very shortly, we can expect a gradual build up of buying and possible morning gap at some point near term.

This expansion in the drilling campaign is effectivley saying we have a major...MAJOR...find on our hands.

lol...how many clues do the market need?

Once they have 60,000m drilled, the JORC this will be in the 10's of millions of tonnes...and current prices will look cheap.

Cheers!