I don't know why you lot are surprised by the share price...

I don't know why you lot are surprised by the share price drop.

The pXRF grades of the lower portion of the hole are lower and funnily enough, deeper, a combination which works against economic viability.

I wonder too whether the pXRF readings on the high grade spots bias the average grade of the intervals. Hole 26 has more high grade spots and potentially more bias.

I wouldn't go all out on 0.2% Ni being economic...there's a long way to go before that is demonstrated although the Ni price might cure all.

In the end the lower grades announced today don't really change the thesis. The upper section of the hole is what is currently seen as open pittable and its grades are higher.