Uncle, to drill bottletree, they need cash, also to get steam engine towards mine stage.
Bottletree will need atleast 5 x 800m holes to get scope.
Considering Spq share price was 1c, 8 weeks ago, 3.8c was good outcome, also the leed got options, 8c with strike next year, not 2 years away.
I think they did the correct thing and see no red flags as bottletree should return 200m@ 0.6% cu. If 0.5% cu that's very good as there on the Eastern edge by the looks of it.
Ann: Extensive copper mineralisation in third hole at Bottletree, page-253
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