Everyone is entitled to their opinion. From my point of view I disagree on a couple of points:
- NES have never said to my knowledge (and I read all their announcements etc) that they are on the cusp of another Tropicana. They have always said that they are on the hunt for the next Tropicana style deposit and that they believe Woodline is highly prospective for this. There is a big difference between what you are saying and what they have said at this point in time.
- This is still very early drilling at Woodline and I'm certainly not expecting it to be a discovery outcome (although that would be nice). However if the results are good and encouraging and demonstrate that they are in the right area, I'd be happy with a re-rate to $15-20M in the short term.
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- Ann: Nelson to Commence Drilling and IP Surveys at Woodline
Ann: Nelson to Commence Drilling and IP Surveys at Woodline, page-14
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