nice resource target

And I quote as per ann. today

The current Exploration target for the deposit is 350-400Mt @ 54-56%Fe (57-60% CaFe). This is based on the extensions within the drilling completed in 2011 and the fact that the deposit is still open in all directions.

Looks like they are basing it on facts drilled up in 2011
SO WHAT'S THE PROBLEM ?
This is a co. getting on with business
Well done so far to the management even if the sp doesn't reflect it.