It's just too early to tell what Lake Roe is worth, or how big it may or may not be. BRB would be silly to sell now for anything but a ridicules number.
Is it 2mill oz, 3milloz, 6mill oz, 10mill oz? Is it worth 100mill or 800mill???
We know the Yilgarn is statically missing a few >10mill deposits, is Lake Roe one of them? It's going to take years to find out.
I've been studying the news flow and drill results from Tropicana and Gruyere, very different deposits, but they do have a few things in common.
#1 from first discovery to now they have kept on giving, consistently revealing more gold with every drilling campaign. It starts off as strike extentions, then comes the depth, and then additional discoveries and high-grade zones.
If Lake Roe is a truly big deposit, we can expect the good drill results to just keep rolling in all year.
So far the pattern fits, from discovery to now...Will it continue?? There are no guarantees, but so far so good and the geology is promising.
