The company says one in four chance. That's a fact. Not as good as red or black on the roulette wheel. Fact.
It's hard (I'd say impossible) to properly understand all the other geo-technical stuff and market sentiment (hands up all you geniuses) so there's absolutely no point in disputing the one thing that is black and white.
The encouraging thing is that this management does seem to err on the side of caution when assessing the odds.
One final fact ... no-one knows anything until the drill returns its answers. So it's a calculated gamble.
Good luck to all.
NWE Price at posting:
6.5¢ Sentiment: LT Buy Disclosure: Not Held