Ann: Commencement of Drilling at Bronzewing South, page-91

I can see this running close to $20m into the assays. It'll be super hot and could sink like a stone if they hit poor gold, but it'll still hit mid 4s leading in. If they do in fact have a discovery on their hands and it looks sizeable (doesn't have to be the biggest hits initially), this could run to $50m.

Sounds lofty but HMX may have a portfolio of great projects so if BWS looks OK, IMO it could have the effect of revaluing the other prospects as the market looks forward to the company's focus on just 1 or 2 which means they may seek to 'realise the value' from the others (JV or divestments).

I think we're in for a big week.