jorc upgrade due - 2bt exploration target, page-12

There is good reason why this hasn't been bought by an Indian or Chinese or other Aus company and thats because they are yet to establish a potentially profitable production area. Similarly why its only in the 20c range. An increase in tonnage will mean very little without a good concentrated mineable deposit with thicker seams. Thats what we need from the pending results. In my view delays nearly always result in a poor announcement.