I'm not worried about low grades. If were were drilling in isolation, with nothing for miles around, low grades would be the death knell. But I am absolutely convinced that BHP is going to want to drill the sh*t of our tenement, even if we only hit low grades.
BHP is two clicks away. Their discovery is globally significant. These systems have a large foot print. It's the proximity to BHP which I believe is forcing the hand of the smart money. Yes. It's a punt. All exploration plays are. Of course, there are no guarantees. I'm no geo, and everyone has a different appetite for risk.
Anyway, I'm not here to convince anyone...
I'm not worried about low grades. If were were drilling in...
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| Last trade - 11.42am 03/10/2024 (20 minute delay) ? |
| ALR (ASX) Chart |