I think the declines are going to be limited to the 50c floor now. Getting all this for <$100m is pretty ridiculous and should be bought up on any dips from now on. It's just a matter of waiting for the excitement to kick things off again. This seasons drilling campaign should be a lot stronger than previous ones given that we now know it is profitable to pull it out of the ground. And as "MadNovaFanNo.1" says, the slightest increase in grade for the SS will have a very significant impact.
TA wise, we have found support in the previous resistance zones, say 40c to 60c. If the double bottom holds above 50c then this will be a cracking 6 months IMO. The only problem I can see is that there have been countless double bottom setups like this failing all around, I have more faith in this one given the support zones and upcoming results.
Ann: Drilling Recommences West of RPM 132m @ 10.1g/t Intercept, page-48
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