They talked about working towards a feasibility study a few...

They talked about working towards a feasibility study a few years back, but very little appears to have happened. Which is a bit frustrating since many of the more advanced stocks have taken all the gains over the last months while EL8 as an explorer has barely seen any gains.

And where is the resource upgrade promised for late October?

It's great they keep drilling and expand the resource but I don't think 10, 20 or even 50 million more pounds in the ground is going to make much difference at the moment. The last upgrade had zero impact.

The only reason to really focus on continuing drilling now is to get a sizeable higher grade resource (as compared to Marenica at only 100ppm average) so they can do a feasibility study on that higher grade and get better economics.

But if EL8 doesn't start to get serious now, then when? This is the time to get going, not get stuck in second gear and simply stay an explorer with loads of pounds in the ground.

Lets get that valuation per pound in the ground towards a developer which is multiples of an explorer.