The Lassonde Curve is a conceptual guide rather than a curve as such. Relating the series of curves to AIC you can speculate as to where we are, but we are already a successful miner so is it relevant? Kind of. So i reckon we are on a somewhat parallel curve where M&A is more likely to have a greater impact on our SP, ie us diluting / raising capital for acquisitions.
So most likely less than 2 weeks until Swagman results. Wager Ash? 6 holes. Lets wager on 3 groups of two holes averaged most closely to each other by grade / width. So two highest averaged, then the next 2 and then the final two? Mine;
1) 8.5m @ 2.1% Cu, 0.4gpt Au 2) 3.6m @ 2.6% Cu, 0.6gpt Au 3) Nothing to report on 2 holes.
If the above is any where near the results then i would look at them very positively. Especially if the better results are the 600m away (up strike) holes from the highest grade previous hit. This said we do know that grade and width seem to increase with grade at Eloise / Jericho. So perhaps the above is optimistic.
Anyone keen to play?
A1M Price at posting:
54.5¢ Sentiment: Buy Disclosure: Held
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