In the last announcement just 6 days agao, CRC committed that...

In the last announcement just 6 days agao, CRC committed that the Dargues Reef Feasibility Study was nearing completion and "due for release in late November"

Well today is the last day of November, so barring some last minute delays we should receive the FS results today and I am excited!

Buying up yesterday indicates people getting onboard before the news as it is expected to be good, with a significant increase in the reserve & resource estimate to around double (~450,000 ounces) and that is before inclusion of the latest Ruby Load discovery - hopefully they also include a new exploration target to account for the most recent discoveries not captured in the the reserve and resource estimates being calculated as part of the Feasibility Study. Also would be good to see a production increase from ~50,00O ounces per year to somewhere ~70,000 as higher early production adds more value than longer later production.

If I was to guess (and hope) I think we will see something like ~70,000 Oz for 6 years initially based on a new reserve/resource of ~420,000 ounces but with a further exploration target of another 300,000 - 500,000 ounces which could extend the mine life to 10+ years - NOW WOULDN"T THAT PUT A ROCKET UNDER THE SP!!