Dont forget also from the announcment that OBL has 80% of a tenement to the east of the one we are talking about, upping it to 90% maybe and drilling this year. From the announcement Thurs and another reason I think we will see the share price get over 10c this week.
"In addition OBL has beneficial rights to 80% (increasing to 90%) of another block to the east, the Backreef Area, that is drill ready for a deeper stratigraphic target and we may seek to widen our CSG assessment to include this location as well"
OBL Price at posting:
3.2¢ Sentiment: Buy Disclosure: Held
