I'll have a go, vcj, though whether what I have to say is...

I'll have a go, vcj, though whether what I have to say is 'informed' I will leave to others.

This is welcome as it demonstrates Sesmarias is NOT moose pasture and deserves further exploratory drilling.

But a word of caution: if further drilling reveals a tasty orebody, it will still take a decade to bring into production. This is Europe where the conservation-minded seek to veto mining of any sort. Amen. Never mind that in practice they merely export the land disturbance to eg South America or Australia rather than prevent it.

The farmland above Sesmarias is very dry and scratchy.

After that rant, it is still pleasing to see SFR develop and grow their exploitation portfolio, even if prospects are distant. Nil share price implications.

Ash