I have been waiting for some discussion on the quarterly report and a key piece of information that has been largely ignored by posters on these threads.
Page 8 second last paragraph reads:
"Assay results returned no significant intercepts for 3,132m of RC drilling at the Pilgangoora North Prospect located on E45/6155 and 672m of RC drilling at the Bolt Cutter East Prospect on E45/5612, which was completed in the September quarter."
I thought Bolt Cutter assays were going to give the share price a kick along. Unfortunately, the results confirm it's a "duster". No wonder there has been little positive sentiment towards the quarterly and the price has steadily been shrinking. I would have thought a bit more discussion on these tenements should be put forward by management given the company (on the same page in the quarterly report) is busy chasing more ground in this area. If the latest drilling turned up nothing, why invest time and money securing more ground in this area. Perhaps focus drilling activities on growing the resource and confidence levels of Tabba Tabba???
Any other comments/ opinions??
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