These results are poor at best. When considered in context, the true width of the LOW grade mineralisation is around 6 or 7m. It's also near vertical so high strip ratio. But the biggest issue for me is they have drilled down dip (commonly known as a Director special in the industry). So they either don't know anything about the geology at all and made a technical error or was drilling down the dip by design? aimoo dyor. There should be included an estimate of the true thickness, because it aint 33m thick.
Be interesting to see the cash position in the next quarterly, they certainly know how to burn through the cash.
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