It's a clay deposit, which are not in vogue now.
Also, the market already knows about the surface grades at Mata. The market won't move on information that's already in the public domain.
As others have mentioned, positive hard rock drilling + Section 18 re WA IO is likely what the broader market wants to see.
Cheers!
Ann: Further High Grade Results & Drilling Commenced MatadaCorda, page-12
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