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Proactive Investors Interview with Julian Hanna, page-5

  1. 3,250 Posts.
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    Yeah any valuation is very rubbery until more drilling is complete but the potential is there. Whilst the A4 intercepts were encouraging especially given proximity to T3 infrastructure which lowers the amount and grade of ore required to make it economical ... they’re going to have to find a fair bit of 2% ore at 500m UG to make it economical - which is yet to be demonstrated. Hole 19 was encouraging though and worth teasing out.

    I also hope they get down to T20 to prove district scale, given the time and work that went into firstly the soil sampling, running EM then spending large amounts of time getting the EMP approval to drill it’s been fairly disappointing to put just 3 holes into T23 / the whole area. They went to a lot of effort to identify targets and get approvals to drill so let’s drill!
 
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