They have been drilling all around Bottletree, collecting information and Peter (+team) has decided to drill under holes 4,5 again (but deeper). This must be where the money is. They have done all the hard work and we are heading to the climax - Hole 10. I agree will hit 1000m by this weekend. We must be in the zone now according to projections.
The current price is not factoring in any substantial hit. The price is merely reflection what has already been discovered - although others agree it should be more.
I believe Peter will announce immediately any results ie visuals + histogram if they are going to rerate SPQ. (Note Hole 4 was announced before drilling was complete 30/11/21 and then histograms 21/12/21 and hole 5 announced before assays completed 24/8/22 only showing histograms) - these were rerating events for SPQ.
I believe copper will be deep/very deep at Bottletree. It is part of the Macquarie Arc which is actually a much older geological feature many more millions of years older that other copper porphyryr. With copper reaching the all the way to the surface, it could/should be a monster underneath and deeper, having many more million years to cover up the main copper resource.
I agree with 1suntzu - mid 5's very cheap (bought more today). It is cheap because of the massive potential upside and the imminent release (which could even be this week).
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