I bought and sold on the West Arunta phase 1 drilling.
My lack of faith/patience was "rewarded" by not to realizing someone like Oz was in the background for what IMO is the main game for CZI at the moment - Nebo/Babel.
I was a bit disappointed to see the original Zn Cd plot used in the current Announcement.
What did it mean for the first round of drilling? Certainly no significant grades. At the least the data from these holes should have been added to the plot to show what the sub surface results are saying.
I have discussed the Zn Cd plot with a senior geochemist from UTAS and he suggested it should look something like this to be more meaningful to him.
While there is an element of sour grapes from me, this plot may be a better way to go.
The repeated original in this announcement IMO makes Rhea, Iapetus, and Enceladus all appear to be anomalous if one is not familiar with the science of such plots. They may well be anomalous but IMO more data are needed to demonstrate this.
This little 'rant' only applies to West Arunta geochemical inferences used by CZI in this, and previous, announcements.
I may send a variant of this to the company and see what comments, if any, are made.
GLTAH CZI is looking good to me.
