Ann: $3.4m Strategic Placement to Fast Track Portland Creek, page-36

Even the company has stated, they simply dont know if its proximal or distal, or at what depth.
So there comes the fishing expedition to find it. There is no doubt the soils are outstanding, the question is about the discovery whereabouts of source rock, and to what size MRE. It is a valid bet to anticipate, but it is unknown if the first drills will hit. That is the magic roll of the dice at the ASX casino. But at least the anticipation factor, is what may support the sp, until you know one way or the other, what first drills discover. But dont be surprised if its a miss first round. And prepare for more CR to fund a second drill series if not successful first up. All possibilities are on the table in the casino, including a hot hit that would see further strength and raising at higher prices for continued MRE definition drilling

Just be prepared for all possibilities is what im saying, and a larger raising may have allowed them to keep the market in suspense, until the additional drills hit what they are looking for.

GLTA.