You are correct whatsup, madcabbie. The original conductors 1, 2 and 3 were just that EM anomalies that were detected by use of fixed loop EM surveying. These were originally announced on the 18/4 (SP around the 5c mark). It wasn't until the 26/7 that it actually became a "dicovery" when they hit the paydirt with a drill intercept (SP 5c to 46c or so). So yes the SP did have an expectation built into it for conductor 4 and has therefore slid from the $2.99 at the beginning of October to the levels now as there has been no news/intercept of this conductor. Lets hope they hit the paydirt on this one too. The fault found on the 700m line at SFRD0076 was not picked up in the original FLEM or subsequent DHEM and gives me encouragement that they will find intercepts at conductor 4 at some stage in the near future.
SIR Price at posting:
$2.38 Sentiment: Hold Disclosure: Held
