Let's say for arguments sake that we do end up with duster...

Let's say for arguments sake that we do end up with duster results this time around at Georgina.

We have had it mooted here before that Alpha was mainly driving the SP upwards due to the ever improving numbers on what was already looking to be a hugely profitable project. When the delays were announced, from there we have seen the SP fall.

Therefore we get to the nub of my post: how many cents is Alpha worth on it's own, and how much has the market already priced in failure at Georgina? I would not be surprised if we find that duster results have already been fully priced in. And further, may we see the SP actually rise on duster results, due to the focus then naturally swinging back to Alpha (which is our bird already in the hand)?

I believe that success at Georgina is just not priced in at all here. If we do see some lovely looking core photo's indicating IOCG mineralisation then it would be a total game-changer for the SP.