Yes correctwhile they did not hit massive Ni sulphide in the...

Yes correct
while they did not hit massive Ni sulphide in the actual hole they will have grades most likely 2.5 times what they have in the JORC resource.

But now they can do Drill hole electromagnetic data from the hole that gives them information for 100 or so metres around the drill hole to find further evidence on increased chances of finding massive Ni sulphide.

Now semi massive Ni sulphide is nothing to be sneezed at and they have 3 more holes to drill, depending on what they find on DHEM they could do a further one, yes thecore results could show a vast increase of grade.

The second hole is targeting a larger part of the target zone and deeper, remember the latest find is open, which means it continues at depth, the hole was at an angle so who knows how far it goes and will it increase in concentration and grade.

On Nepean it is waiting on results and no indication was given by SBR because unlike diamond drilling there is no core sample in AC drilling.

There is plenty of news obviously on the way and some could be on uranium assets.

Today there was a large seller who sold heads and SBROB at same time, appears to be a CR participant who may have sold for other reasons.

Increased resource and grade is certainly nothing negative but when a large holder sells it scares some to do likewise.