Ann: 2km of high-grade lode, page-10

I think the company has made a decision, they plan to continue drilling to keep building the resource. Once this is fully known they will then progress planning of the most economical mine for the resource. Save a good offer in the interim. For the company and it's major shareholders (deep pockets and access to all CRs) that makes the most sense.

Retail investors just need to decide if they want to go along for the ride, possibly through more troughs, or invest elsewhere.

IMO, happy to keep accumulating at the discounted valuation and hope I don't get screwed by major holders. But each to their own. DYOR and GLTAH