One should note, the company did not expect to find supergene at P2. But did find 12 metres.
Now, the company expect to find supergene at Luni. And given what we know of P2, what should one expect at Luni?
Further note, Luni is separated by 1.2km apart; ie. the distance between LURC001 to LURC002 and LURC003. Refer to Page 4 of link below.
https://hotcopper.com.au/posts/64798516/single
At the very least, one could draw the conclusion that there is an area of 1.2km mineralization at circa 30 metres depths (not including the upper supergene sections).
So on Luni alone, we should have at least a valuation of $100M plus.
One should note, the company did not expect to find supergene at...
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