re: Ann: RNI to commence drilling on priority...
Well we are waiting papermate and maybe for a bit longer. That cyclone that wet Doolgunna has probably delayed things.
What are we waiting on?
1. Assays from the diamond drills?
2. (DH?)EM analysis.
How connected are the two so far as assessing the drill results are concerned? My GUESS is that they would be integrated so far as that goes, but I don't know. Can someone enlighten me though?
I was really surprised to see an ann about imminent drilling at Fortnum. I was thinking that such drilling would be some time away. Anyway, it's good news! The money is there and the targets already identified. This extra work adds another factor to the possible RNI emergence.
Also, the Talisman (TLM) ann out today adds some flavour. Whilst not ground-breaking news, it is suggestive of the high prospectivity of the NVs area. Nearology is ususally meaningless IMO, but with the close proximity of the various Company tenements in the NVs, I really believe that nearology in the NVs has a lot of meaning. If I am right, then a significant VMS cu/au find by a NVs Co will spark excitement, and as a result SP increases for all Co's involved.
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