"The first hole. This is the best gold intercept ever received...

"The first hole. This is the best gold intercept ever received from Rover 1 with a true width for the intersection of 27.8m. Whilst a subset of three higher grade zones existed, the magnitude of the mineralisation presents a bulking scenario at very high grades. It is expected that this will significantly increase the size and endowment of the mineralisation in this part of the Rover 1 IOCG zone. In addition, a sub-parallel zone higher up in the hole intercepted 3.1m @12.34g/t Au with 3.05% Cu.

The second hole (20CRD002) also successfully intersected the complete IOCG package further extending the highgrade gold zone. The coincident copper and accessory mineralisation typical of the Rover 1 mineralised body was also intersected in this hole. (ASX:CST 2 November 2020). The whole intercept also aggregates to present a bulking type scenario of the main copper gold zone intercepting a broad mineralised zone. We anticipate the bulk mining option of these high grades will enhance mining studies in the Pre-Feasibility Study (PFS) that is underway."

This tells me that the resource size will increase and that the economics of the PFS have improved significantly. If you believe that CST will mine this high grade now (bulk mining scenario) resource then at 25c this is a gift.

Everyone should be dialing into the AGM today.