Exactly.. there is a huge amount of ground to cover in the frewenas and 8 cores was never going to be enough to find an economic resource..
My personal opinion is thus..
I don’t believe these results are “dusters”, sure it’s not what a lot of punters were expecting (was also hoping for a Lady Luck moment), but they certainly are bread crumbs.. Expensive breadcrumbs, but breadcrumbs none the less..
These were 8 initial walk up targets.. Thats what they have always been called, “walk up targets” not walk up JORC resources.. There’s more work to do, but it’s going to need more funding..
But you’re right that there needs to be a focus on more immediate prospects, but it’s a tough game, we might be close to the money in the frewenas..
ICG Price at posting:
2.2¢ Sentiment: Hold Disclosure: Held
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