Not for me. The secret to success with these guys is the size of the deposit. There is clearly lots of copper around at a fairly consistent grade - both at LF and ND, likely in other untested areas too. IOCGs are often large-to-very-large, and they haven't got close to finding the limits of this deposit.
With $20m to spend on drilling, we'll find out in due course how large this really is - and the longer it takes to find the limits then, by my reckoning, the larger the deposit. So every result where they increase the footprint is a step in the right direction. Overtime this should be reflected in the market cap. As others have said - it will be a bumpy ride... so hold on tight!
Dingo.
Ann: Exceptional Drill Results at Greater Duchess 24m @ 5% Copper, page-121
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