I'm not gonna pretend to calculate the potential resource size, but I'd be hoping for their resource size....at least. But that could take a lot more drilling over the next 6-12 months. And 1 DD and 1 RC rig may wont get us to 40+Mt in that time. So they'll have to up the number of rigs to get there, imo.
A comment from PH suggested the most recent drilling grades were equal to, or better than, the current MRE grades. I'll take that one.
I just hope they have started the environmental process for Springdale. I have been reading that over at Munglinup Project of MRC they have taken forever to get theirs, and still don't have it, but are expecting it. But reading their explanations for the enviro licensing, it seems more MRC's fault but I don't want to shaft them from afar without being fully informed.
For BEM, the location of Madagascar could pose a valuation problem for them...
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