with infill drilling within the 30mt inferred resource areas to upgrade the jorc, and better define the speculation over zones of mine-ability of reactive silica ratios,
and additionally plenty of other targets areas in our 400sq km, you would think the market reaction to the down ramping which cascaded at the time of happy cats post, that take a view that it was impossible to find even 800kt for a start up.
Then again, it would be under 1c if that were true.
The market simply has been spooked yet there are buyers who are absorbing it, with a view that infill drilling will provide clarity upon initial observations of a sparse inferred data.
I am hoping we will at least see some guidance on the Jorc upgrade to appease the market expectations.
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- Ann: Results of Scoping Study Confirm Project Potential
Ann: Results of Scoping Study Confirm Project Potential, page-63
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