News: Blackthorn Resources exceptional high grade, page-5

re: News: Blackthorn Resources exceptional hi... You make some good points Kfresh and Topcall.

My take is that we are being driven purely by traders, especially shorters. Shorters have a hell of a time when companies fail to deliver and unfortunately BTR has fallen into this category.

I'm also of the belief that the recent drill results hype was always going to be short-lived. Although these results were the "best ever drill results" they were still only 'infill' drilling. What we need now is the new satellite targets to hit something big or the 'step out' holes to produce some magic and then we may have some hype around new possible mineralisation. This should give investors/traders some new fresh excitement!

I'm still very confident that the first stage of the PFS was a base case draft only and that economics of the project can only improve over time.

Just some of my thoughts

Cheers