I think people didn't know who to read the announcement a month ago. They were expecting to see 5+ %. When it was 3%, they sold off.
When they realised it was 800m of 3% at surface, and this was similar to ARU, it started going up.
Now we have a zone of 2.5kms long and 500m -700m wide with expected high grade zones.
It is big, and the drilling is starting to show this.
The higher phosphate is great news (but not the main game). They have also shown grades go up to 8%.
Looking very good, and we are going to get more and more drill results come out. Only 34% reported so far.
pre open , page-13
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