My understanding is Phase 1 is complete. ORD management said that Phase 2 can run concurrent with 1 so as a guess we are part the way through Phase 2.
Phase 3 can only start when wet season is complete and they can get drill rigs to MLEM identified and productive rock sample sites to drill 200 meter targets.
Watch for the market to go nuts when the results are released on positive news from drill results.
Time frame for P3 is largely contingent on getting drill rig and getting to the site so I would be guessing that we wont get drill sample results fora few months at least.
There will be a couple of media releases though to move the SP a bit until then. But the big one is the full report on the drill results.
VAN Price at posting:
4.3¢ Sentiment: Hold Disclosure: Held
