Assuming (and it is a big assumption) that TYX are being open and honest, then I would hope that after this current round of drilling is completed and results are in, then the desk-top study that was spoken of in the last update will be completed leading to a JORC defined resource.
All going well it would be great to see this happening Q4 2016 and Q1 2017.
On another upbeat (and potentially foolish) note, you would hope that the selling of half of the Wilcherry project could mean that there is very high confidence in the Jumbuck project.
I just hope this is not false hope or a deliberate ruse by TYX to make me think this is the case.
Cheers!
Catweasle
Ann: Wilcherry Project SA - Acquisition & Joint Venture,TYX-AGS.AX, page-10
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