The whole point of the drilling and increase to the JORC is to round out the plan for the BFS 10 years + maybe 15 years in the measured category. I believe they were targeting everything above 500m as well. The AISC would be really nice to see as part of the release of the BFS I have a feeling this mine should be quite profitable.
Given the last JORC upgrade of 700koz had a decent appreciation on the share price I would say a similar amount would have a similar impact however my interpretation was we won't get those drill results until the BFS happy to be wrong but my reading of previous announcements was they won't release the results as it's part of the BFS. Anyway looking forward to EA Dismissal and MR then BFS.
I disagree with the comment around Mt Cecilia when you have hopefuls in the area with $20-30m market caps it means the acreage is worth something particularly with the nearology to Rios Winu copper gold prospect. However until they do soil sampling on the main magnetic anomalies it's an unknown.
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