I don't think it has fully priced in a discovery here at all,...

I don't think it has fully priced in a discovery here at all, before WA1 made it's discovery on our fence line we have many other prospective projects in which three are funded by IGO, BHP and South 32. Drilling is about to start at Jessica for targets identified by South 32 one of which they are quite excited about, interest in shares always builds when drilling starts if they have clearly identified prospective targets.

This share was arguably worth at least 15c before any knowledge of wa1 discovery when compared to other explorers on the market but now with the Luni discovery right on our fence rather than kilometres away and the falcon gravity survey indicating an anomoly directly north of Luni, drilling of some of our targets, geochemistry data of previous holes indicating a mineralised area the market is simply pricing in a chance of finding something like Luni, it's say pushed the price up12 to 15c or say about 50 mil on the market cap at the most when WA1 now has a market cap of about 290 mil after it's Luni discovery, so i would think the market has only priced in something like 1/6 or about one sixth of the worth of a discovery like WA1 at the most.

Theoretically because of our drilling has commenced and Jessica is about to commence one would expect our share price to have risen from around 13c or so even if nothing was found at Luni imo, plus this share had been beaten down and hadn't recovered like others either, so when i say we might be pricing in only one sixth of a discovery it could actually be much less imo.

One of the good things about this share which comforts me in holding it is the number of projects and the apparent quality to attract such experienced players, we are no one show pony either, if we miss in one site we still have many theoretically good chances of hitting in others, we are well funded and have experienced personell.