Hi,Seems like a few loyal followers on here. I am just trying to...

Hi,

Seems like a few loyal followers on here. I am just trying to weed out the facts from the ramping, not sure if holders are trying to ramp up to get out or are genuinely excited.

I have two main concerns, first the grade of the 'estimated' resource is very low only 33%, not really comparable to BRM as mentioned as BRM is 50%+. I am of the impression that the market was impressed that there was actually some % but not impressed to shoot the price up too much as very low grades. Would we be expecting higher grades from future results.. not sure the locations of the released results?
Secondly when they drilled Mt Gibson they released an announcement containing "100 Metre Thick Magnetite-Rich Drill Intercepts from the Magnetite Range" however with the second project at Katanning after drilling there was no such optimism, seems like they have not hit anything there otherwise why wouldnt they update on the intercepts like they did before releasing the results as they did with Gibson?

Any thoughts would be appreciated,