Ann: High-Grade Pepper discovery extended, page-28

First of all - the good news, which is that Pepper has some stike length about it and isn't skinny like the upper parts of Four Pillars. As other have commented on - there are some pending holes around at depth which are being logged and maybe have samples at the lab or on the way to the lab.



I would be expecting the 2 pending holes at Never Never to be pretty good, but some of the other pending holes might be a mixed bag with not every one of them guaranteed to be economic grade intersections, so if these are all released as one news announcement there might be a few silly punters throwing away their shares and presenting a buying opportunity, or a re-entry to those who took profits earlier or got stopped out earlier.

I am just sitting tight now and not trying to trade it. This is a decent orebody now, and one of the better discoveries in WA of the last few years (DGY Hemi excepted).