News: WC1 West Cobar Metals Says Matt Szwedzicki Appointed Managing Director, page-5

Cut-off grade has a serious impact on tonnage so I'm surprised the PR clause doesn't deal with this?? See table below re existing Resource numbers.... I assume that the PR will/should maintain the existing 500ppm cut-off???

I'd say the recent campaign will see a moderate increase in tonnage and a healthy upgrade of the existing Inferred Resource to the Indicated category.

I doubt the PR tonnage will be reached until another drilling campaign is completed and a JORC Resource is established at O'Connor as it has a substantially higher Exploration Target (see below).

Suffice to say I am hanging out for the next Price Sensitive Announcement... or two??