The share price is tanking because although there are good grades the deposits shown on the cross sections in the second drilling announcement can't be mined easily.
There simply isn't enough continuity to establish an economic pit at the moment. I'm seriously hoping the next lot of drilling helps in that regard.
But if the drilling comes back and the resource is still in pockets I can't see this bird flying again.
Ann: Second Phase Drilling Complete at Splinter Rock, page-70
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