Tbh I’m at a big of a loss as to how the market has reacted after this announcement. Confirming that the historical data was legit was imo the biggest risk. Now that it’s basically guaranteed that the data is correct, and will be for the second hole, what other derisking events are investors waiting before before rerating the stock? Is it literally the formal JORC approval to change from inferred to proven? To me this is a no brainer.
Please help this amateur investor new to mining stocks understand
Ann: Confirmatory Results from Ohmgebirge, page-47
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