Thanks Glen, I to agree that a resource upgrade would be very beneficial and as we all suspect there is a lot more than 1Bil tonnes of ore in the Sth block let alone the nrth block...... All prices and prediction have been based on 1bil tonnes so any upgrade would greatly benifit the SP. I think I also read that there are no plans to aquire anymore resource from Palmer in the forseeable future, so maybe 1 billion may have to do for a while..... I believe drilling Sherlock bay is the next step so to justify the resource from that asset…...I don’t think Palmer is in a hurry to release anymore of his land at present other wise why wouldn’t they mention as such, like the CITIC project?
ARH Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
