Normally happens when timelines are missed.
I would think this has maybe a 30% chance of bring up decent grades and thickness, which is considerably higher then most Greenfields drilling.
We know there will be something there just how much is the question... very poor results and we are in trouble will no back up project.
Middling results and we will see a slight fall 1.5c? But will mean more drilling to determine if we have a project.
Good results and your looking at 10c (50 mil IMO)
Worth a gamble at these levels but I think the fact that there is no other project as a back up is causing people to be cautious.. along with the history of the company.
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