its been a dry year generally in NT, access to the deposits should dry quickly, and it helps that the ore is on hills. working back from their option take-up date its tight.
say they start 1st may, drill 6000 metres in a month, get all the assays back mid june, start modelling mid june, results by july, decision mid july. or they take a punt and do the deal. get some good intercepts by mid-may and it'll be looking good. bhp drilled out most of the deposits so btv know where the better dirt is, and they'll know where its best to drill to get some 'directors intercepts' reported and get the share price spiking a bit... moly permitting.
BTV Price at posting:
23.5¢ Sentiment: ST Buy Disclosure: Held
