They need to re-word that statement as proving up a 500k oz exploration target is quite misleading. They're not saying they want to prove up a 500k oz resource, only drill to identify target zones of mineralisation to that value and then possibly delineate a resource from there. I won't say anything negative, only that they're still years away from that kind of resource if they're talking jorc and mining, 5 - 10 years.
Might I also add that Iron Ore is now closing in on 100 USD again, would be nice to have Wilcherry hill at close to production, which I was always led to believe it was, seems now it's never mentioned like the iron ore has all evaporated. If we're talking projects and what they can achieve near term that was/is the only conceivable project worth considering.
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