They were drilling a different EM target and depth extensions (nothing wrong with that, only way to find out conclusively). The announcement 22/6 all but spelled out weak grades from the information presented. I honestly thought the growing interest in SP had nothing to do with this as most would understand from the announcement they'd be moving on to the next target.
OZ Minerals still has ~$7m committed to the JV area, the drill bit will spin again and so will interest - ups and downs of exploration plays - buy in the trenches and sell some in the lead up to drilling.
I'll probably look at 5-6c as the buy zone again for the next campaign.
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