Daily Discussion, page-4475

I'll give it a crack although I'm relatively new to investing on the asx casino.
Putting a price on a stock 6 months in advance in this climate well it's sought of crystal ball gazing as anything could happen in that time frame (good, bad,indifferent) so in 6 months time we will have had the first round of drilling results in hopefully.

For me I'm rather conservative and would rather not give people a false impression (over inflated price) of what could should or will be, So if I was to have a stab given we get excellent results as in grade, depth (hopefully from surface) and width so I would say anywhere from 10-20 cents from the first round of drilling. (this is my gut feeling)

Bear in mind we have six targets at Andover South so the question is how big will the drilling campaign be ? what will they drill first my guess the largest anomaly first and so on.

So if the first round is successful they will continue there drilling campaigns to locate the extremities, and then comes the boring part infill drilling to establish a MRE.

I really hope we can get to this stage as we will have an asset as until then it's just exploration.

Then we will know the true worth on Andover South alone which imo should be well north of 20 cents imo.

On a side note: there are alot of posters here that are far more knowledgeable than myself so please if I'm wrong I'm all ears as I'm still learning ffs even at my age lol. gltah