Well pehsan we know weve got something special at Caula adjacent to Syrah but as many have said it is not the time to spend a lot of time discussing it when the ruby auction is very near. Also we will need to see the final JORC results and scoping study coming shortly. We already know that preliminary metallurgical testing demonstrates that it has more than 55% large and jumbo flakes in the fresh ore. Before discussing in detail we as traders or investors will appreciate the company's analysis of the findings and just put it aside until the first ruby auction funds are settled. In other words it's a matter of prioritising work processes and completions in order as it might be considered distracting at present to focus on two at once.
It is still a project that has a certain amount of allure about it though, especially for the graphite[graphene buffs...... By the look of things I'd say the initial results will come out shortly
MUS Price at posting:
8.8¢ Sentiment: Buy Disclosure: Held
