re: Ann: IPT: Mulga Tank - Large Undrilled Co... Looks like I was right....Report say's it all......No significant commercial ore grades as envisaged by most.
IMO, I suppose that at least they tried.....I suppose they will now need to work out how to work out/define which testing system is the best one to be used to locate these ore bodies to avoid future costly drilling hot targets.
I was shocked however, to find in the report that they had past test results from previous drillers to work off as a guide. If the original drillers didn't find anything back then then why spend all this money going over old ground.
That's management for you !!!!!
I expect S/Price to fall from it's current level
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