Why couldn't whoever is selling have done that earlier ...when I was buying???... some people are just very very annoying.
I am not going to try and guess the number on the MRE ... I just figure that experienced [and previously successful] people are doing all this drilling to get a JORC compliant estimate because it happens to be a good way to spend a few $M's. The stated plan is to go straight to a DFS immediately after.... looks like somebody serious about what they are doing ... to my eyes. Boorara is surrounded on all sides by currently operating and highly profitable mines [owned by the majors] and the geology appears to be no different on our patch of ground... call me simple but I think 1+1=2.
Hi @Chill .... got to argue with you a bit... of a planned 37,000m's ... 21,200m's completed [update 30/11], then 25,000m's completed [update 8/12] which is about 4000m's per week.... pretty close to the advertised schedule. I don't see any over promising/under delivering so far.... just the nervous waiting while somebody is selling and calling into question our excellent judgement in this matter.
MRP Price at posting:
11.0¢ Sentiment: None Disclosure: Held
