@tclau: If you check page 4 of the PFS you 'll notice that this PFS was based on the Mineral Resource estimate given in the Anncmt of March 19th itself based on the drilling done in 2017. This March 19th release did not include any geophysical targets ( i.e. T1 to T4 mentioned in Ancmt of Nov 22nd). My take is that the mgmt did not want the technical team distracted from the core resource. Yes these anomalies look very good. You could consider them are free options at the moment.
This is why I am very confident that the LOM will at least reach 20 y by BFS and even more likely before.
I also invite you to go to COB website, on the investors media page then click on Investment Research and look at the latest July 4th Blue Ocean equities tabulations. Very interesting and reasonable for the "base Case" based on 20 y LOM. Post tax NPV of A$ 900M +: this means A$ 400M more than the very conservative PFS.
I'll be posting more in an hour.
COB Price at posting:
64.0¢ Sentiment: Buy Disclosure: Held
