We just need some good assays at over 10m intersects @ over 1% grades.
The hype was 25m and 50m intersects but there was no grades at all as per the assays hence the SP crashed once the assays came out.
There was one good drill result - 10m at high grades.
We have one good hole so we just need some more to put the value of the SP back up again. It is only worth what we know we have but at the moment nothing that solid hence why the SP has dropped.
Once the assays prove more holes at over 10m @ higher than 1% grades we are game on again. It will just take time for more drilling so we have to be patient until then.
Looks like the last holes they have been drilling had poor results hence there has been no more annoucements.
CBE Price at posting:
12.8¢ Sentiment: Buy Disclosure: Held
