Like I said earlier...judging by the depth of the strikes and the area in which they are drilling, they already have a deposit bigger than Bootu creek and it remains open in 2 directions. Now we can be pretty safe in assuming the grades are higher than 17% (which can be beneficiated to above 40) but what I want to hear is that the grades are higher than 30 and the tonnage is higher than 40 million. Then there will be no stopping this SP till we hit minimum $1.50.
But that is just my opinion
SPI Price at posting:
24.4¢ Sentiment: Buy Disclosure: Held