SER drilled 2 holes and never reported the assays.
Similarly, we've been sitting on our dud assays aswell.
The tennant creek region is a hoax. There is so much cover there aswell that there is no alternative but to use DD drilling for scouting.
We should have kept sandstone. Project was marginal at $2500 gold... gold price now is? we could have hedged at?
Now it's a full hail mary play. We're probably only funded for 6-8 holes. we miss the target again and we're screwed.
Would have been better off pivoting to another project.
Ann: Middle Island Acquires Strategic Project, page-3
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