here's my problem, page-13

You might want to sit the next couple of plays out MS.

This wasn't a rush job, they have reported correctly and accurately.

What you say isn't gospel "1) people were expecting higher TGC & not expecting 0% GC being in the mix."

By "people", I'm thinking you mean just yourself?

I thought the JORC release is a good one, I believe it was better than expected as a smaller JORC was already built into the share price - Hence the rise - And I think ~40-45c is about right for this point in time.

There's been a lot of information from TON in previous ann's regarding drill results so it shouldn't come as a huge surprise that the JORC was going to be 1+bill tonnes at ~10-11%TGC with 5% cut-off.

Having said that - With the amount of graphite being found by explorers at the moment, and with SYR's deposit next door using 13% cut-off - Higher grade is what will count, there wont be much point in mining below 10-15% cut-off in a couple of years time.

GLTAH