Good report IMO, agree with pretty much everything they have said.
Summarises down to if there is Grants like mineralogy at Ringwood, Zola or both we are in for a re-rate. If there isn't, keep drilling.
Still speculative until we proven something up greater than 1.8mt with such a high strip ratio, 50m FCF would be nice if feasible.
Ann: Initiation of Research by Hartleys Limited, page-20
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