COMP - pre Spud Announcement price and all-time high post-Spud Announcement, page-73

@Rene3223 : 18.8c - Mainly contributing it to predominant sideways movement with a small contingency of renewed interest / speculation. It seems most holding IVZ at this stage have been doing so with the expectation of this drill coming on (6 months+) …..will only be any late news and those late-comers to the table that will push the pre-spud price north of 20c - cant see any more pertinent news coming out other than that of the spud announcement… which is when the $$ will jump on board before the first drill announcement.
What is good to see is that most holders don’t expect this thing to go “to the moon” upon a discovery. A good general consensus of 3-4 bag return short term (for those joining late).
What I would like to see from SM is a clear plan of how they expect to drill and test the hole - I think it would be drill to TD then wireline and test / sample - but could be wrong here…?
Would the mid level “discoveries” whilst drilling only be by what’s flowing up with the mud and thus non-declareable (though indicative) ?
@VOGC /@kiwigeo care to shed any light/info on your thoughts of the drill and sampling/declaring discoveries ?