what todays announcemnt means?, page-65

over 1.6m bought above 50c in the last 30 mins. i would say the word has got out amongst the brokers.

in terms of 'strength' of news, the final 50-99m of KD11-17 tests the original motherload hole (H10-01, BC phase 1) at greater depth.

its original results were -

'27m @ 1.48% Cu from 32m, including 18m @ 2.09% Cu from 41m, and 5m @ 3.86% Cu from 54m in Hole K10-01. Hole K10-01 ended in significant mineralisation with the final 1 metre interval (58-59m) yielding 2.38% Cu and 3.2 g/t Ag down hole.'

So you would expect grades to be below 5% based in these previous results. H/e, from Figures 1&2 in the latest release, this is a separate 'lens' (to be confirmed) to the +5% hits.