The shareprice is ridiculous for what has just been announced. Results have pretty much confirmed that we have a valuable resource here. Now all the drilling results need to be finalised, then passed on for JORC calculations. Within a couple of months we're going to have a large, low-cost startup, easily mineable phosphate resource.
I guess we wait a few days for the drop-kick traders to sell on announcement and then enjoy the fruits of labour over the next few months.
successful arruwurra drilling results, page-8
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