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4,777 Posts.
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31/12/14
13:13
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It is a speculative company in the very early stages of defining a resource.
They have provided a JORC compliant resource that links in with an independent scoping study.
A useful start. A stage further than most.
Further drilling to be done. Permits and licences to be approved. All sounds pretty normal for this stage of the exploration process.
So much noise on the QBL threads. Sheesh. What are you guys expecting? An operating mine already? For an $11 mill market cap company.
I'm not saying this speccy will succeed, but far too early to write them off just yet.
Milesy
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