for those that lost, page-8

i completely realise this may be a phenominal deposit.
doesn't mean jack if they only have an 8% share. on a fully diluted basis the mine is therefore being valued at around A$1bn (assigning no value to other operations, of which they only have an 8% share anyway). valuing two drill holes at A$1bn is risky business no matter how sensational the assays are....