I'm not sure the market has fully realised the strategy Jason is taking. The last few announcements has him stating "potentially open pittable".
Now the ASX will not let him say they are doing this definitively at this point hence the term potential.
A couple of posters have criticized the 10x10 spaced drilling (but haven't got of their butts to call Jason and ask why). My view is that the only time you do 10x10s is when you are doing pit planning/optimisation and grade control.
If they are serious and confident about a small initial mining campaign then they would have to come back and do the close spaced drilling at further cost so by doing it now they kill two birds with one stone. Given how shallow the hits have been this is a very good strategy in my opinion.
my musings only, DYOR etc....
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