Everything points to ELM announcing an excellent maiden resource statement tomorrow at the upper end of their conservative 170 to 300 million tonne target. Our management team under-promise and over-deliver.
It wouldn't surprise me if providing there are no major delays with assays, an updated JORC on the back of the new drilling program could come in by the end June. Our management team must know that they are in a race against time now and that further cracking results is only going to earn them more from a major hence the urgency in fast-tracking the new drilling program.
Superb work Mark Jones and crew.
K2P Price at posting:
$2.68 Sentiment: None Disclosure: Held
