I have a feeling the sp has already factored in a bumper JORC.
What's needed is DFS asap or a partner engaged to develop - or a stake holder to take a large holding to lift the sp to next level - I just feel to early for off take agreements as more product needs to be supplied to end users for them to assay. There is always the possibility of a takeover of this quality untapped resource and area. Particularly as large cashed up companies have to diversify away from reliance on fossil fuels (coal-oil) that are on the nose.
The DFS is the big item for now - no need to exploration drill and use capital - they know they are sitting on huge volumes. Probably more in fill drilling required to update another JORC and establish where to mine first and set up mine processing plant. It's early days still.
SVM Price at posting:
38.5¢ Sentiment: Buy Disclosure: Held
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