I agree, they have plenty of old holes to do their modelling of...

I agree, they have plenty of old holes to do their modelling of the resource on before they even did their additional drilling. The additional drilling seems to be to go deeper and fill in the blanks. So the resource estimate seems to have some credibility.

I like the look of this and think it will have to be re-rated. That said there is still:
- the listing of GGG on the ASX (can gauge the markets value of Bullabulling).
- a possible merger between AZX and GGG.
- and possibly more cap raisings to get to the mining stage.

So all in all there will be more opportunities to get in, but possibly not at these levels. Hopefully the other assets AZX hold will be valued in the probable merger with the ASX listed GGG.