while we await the next exciting phase ... bring on the deep holes ( 350m )and the next dhem
who knows whats under the granite caps and how its been flipped / tilted / hanging walls etc
all holes are something new learnt and discovered to unravel this beast
for some light reading and perspective on timeframes and potential ... and complexities of our unique system
http://www.cet.edu.au/docs/default-source/presentations/10_charles_wilkinson_dday2015.pdf?sfvrsn=2
fyi some interesting diagrams/discussion on Flying fox here - ref by JP in last ann
fortunate to have the same knowledge and experience and the best in the business involved here
our system as we are all aware is not textbook as it already runs 90 degrees to the rest of the orientations in the area but what does imo appear to be textbook is the 5 month ( since 12 april ) tight range 11-14 c ( a couple of days only above this range ) base forming on support after the CR's . What intrigues me is the volume ... approx sixty million shares ( on asx plus unable to get chix numbers to add and would be sig higher total ) being quietly accumulated / churned during this range imo . will leave it there a bit more going on imho as a sig portion of overall shares on issue. either way once it breaks out of the range its going to move . more upside than downside atm . think also a few on the sidelines
just my observation dyor
also wondering if the newly discovered ground water source is potable and if we can get some flow rates ?
pre mining feasibility bore hole ?
cashed up very exciting next quarter in store ?multiple rigs
Good Fortune to all
Nickel69
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while we await the next exciting phase ... bring on the deep...
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