Ann: Quarterly Activities and Cashflow Report, page-15

@mulac1 ...

OK so what criteria is in the model to go beyond the detection limit of the DHEM?? A guess? A hope? A wish?
It looks like a box drawn on paper, without any reasonable explanation for the supposed size. The market was so impressed with this new 'model' that the SP was pushed a smidge above last weeks lows.

This mob have cried wolf so many times, just to keep letting shareholders down.

BTW I would think that large EM conductors are the ones they should concentrate on, small pods isolated at 500m deep are not good enough, just like all of the discoveries so far.There are still a lot of larger EM conductors 'found' over the last 2 years that have not been drilled.

If the market thought any past discovery was worthwhile the SP would be multiples.