From all indications given by the management of QOL the extension of the mine life is a given. Read some of their previous statements whereby they indicate that the life of the mine may well be extended for up to twenty years, judging by some of the comments - and you may have to read between the lines here - that is a real possibility, given the area that has been drilled vs the area that they have under tenemant. Don't forget that they are showing results from areas that they didn't consider to be of viability.
Is that foolproof ? No, but it is far better than them coming out with an announcment that they have over estimated. Patience is a virtue.
QOL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.