re: Ann: FURTHER EXCELLENT DRILLING RESULTS F... It wouldn't be...

re: Ann: FURTHER EXCELLENT DRILLING RESULTS F... It wouldn't be right to speculate too much without making an effort to run my knuckles over the data. Some stuff to consider though:

Average grade of "mineable blocks". ie after mining dilution for the method chosen mining method. There must be some doubt at this stage that 6g/t "ore blocks" are recoverable within the lower grade envelope until proven otherwsie.

The metalurgy and recovery of various credits. eg where is the Pt and Pd held, is it with the Cu and Ni sulphides or how much Pt-Pd is tied up in pyrite/phyrrotite that is otherwise sperate from the Cu-Ni?

A bulk, lower grade approach of open pit mining the numbers look good but how difficult to get approval and how costly the operation in that environment? What tonnage and grades are possible or economical in UG extraction?

A lot of questions that need to be answered before a vlaue can be placed on the current resource. That is why share price is low because it is not obviously and viable winner. Again, the price spike and real upside in current bear market resides in a new discovery, not more work on the same deposit IMHO.

goodluck