Clearly the low magnetic nature of the L259 pipe is going to cause progress to take much longer and the company did not say the L259 pipe limits have been identified to the west as there is little to no magnetic signature where the old diggings have occurred.
I still think that the L259 pipe may extend to the Cacuilo river and cross the Catchumba tributary but we will not know for a long time yet due to the lack of a magnetic signature in this area,drilling along the south east side heading west may result in a larger pipe being identified.
Still a long hold here and well done to those that could see this coming and reduced there riskiest position to invest elsewhere.
IM hopeful there will be some nice finds over the next month to prop the share price back up again.
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