I like that the team is moving on multiple fronts with a sense of urgency - but, it feels like a bit of a distraction (IMO). They will need to hit much more consistent & recoverable grades than what they are currently seeing. As the last paragraph of pg. 4 states, 07/08 drilling resulted in poor core recovery (hence the revised, and enthusiastic step-out drilling program they are putting in place). But, who knows - it adds an element of excitement to the companies exploration portfolio; verses the likely already commercially viable graphite resource we have (which is where I believe we should be spending every cent of cash on)....imo. SPP is a bargain.
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