"There is a huge difference between good news and bankable news so I don't see the share price taking off until we get Isabel back regardless of good results at SG because Isabel has always been the company focus and that plays with shareholder mindset."
TU for you post.......just like to correct you on one point.
The deposit at SJ seems to be larger than Kolosori IMHO. Sentiment will come down to Initial Maiden grades and seam size. If these are promising showing economics of scale the resulting JORC is bankable, SJ will be a company maker on its own putting upward pressure on the MC especially if management facilitate Off-takes in the meantime. Re-rate will occur on a ML for SJ being awarded.
As far as investors are concerned, whilst we wait for Kolosori and the SIG to formally commission processing for a successful mining company to begin monetising the resource, 2 important milestones need to be in place. The first hinges on maiden grades, the second a 5 year medium to premium Maiden JORCed DSO operation. If these 2 points are not met....lookout.
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