Baggins, I feel your frustration also, as I'm sure the board members do.
Bear in mind these are early results that people are trying to compare to Syrahs current. We have the same initial grade as expected of v2o5 Vanadium and now we can move forward & hopefully prove up similar deposits of v2o5. If my memory serves me right one of the initial exploration drills on Nicanda Hill last year gave a higher grade of Graphite than anything Syrah had ann'd back then. Remember all results so far have been close or at surface. We are now targeting the High Grade zones on Nicanda of which it seems the market has it's highest interest in. High Grade, Large flake graphite is present at Tons other sites also Balama South & Ancuabe.
People reading into recent announcements need to remember that these are a mere few holes drilled so far, the bigger picture is forming nicely and we are yet to drill the upper reaches of the Hill, let alone Charmers, Black Hills, and the 8km long Nacugi Trend if at all we need to.
Shares pass from the inpatient to the patient, we wouldn't be human if we weren't a bit pi$$ed and baffled by the sp at present but as Freehold says the sp will find it's equilibrium.
Certainly being able to speak to people heavily invested and close to Ton helps me to keep positive and reminds me of the fundamentals involved, but If I only had some of the junk recently posted on hc to keep reading through then I probably wouldn't feel as confident.
Re-read through Tons Ann's & realise what's there.
Atb & Good Luck
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- Ann: Outstanding Graphite and Vanadium Results from Nicanda Hill
Ann: Outstanding Graphite and Vanadium Results from Nicanda Hill, page-141
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