It's very relevant as to who owns the converted shares (many...

It's very relevant as to who owns the converted shares (many retail v brokerage) and what they will likely want to do with them. It's also been likely relevant as to SP retrace after the underwriting announcement which many savvy traders/investors had predicted a slide back to exercise price.

As far as assays go, word about the place is 6 to 8 weeks to get back. Grade would be expected to be at least close to discovery hole (30) or higher. Much conjecture and debate based off visuals, which all we have. There is plenty of news flow to come. Then again, every nickel explorer saying that. Every nickel explorer though, doesn't have 2 rigs belting it out around the clock. While drills are still turning there is always chances of upwards movement. The right results and get a new base.

There are also now likely a hell of a lot more shares that can be exercised at these Ann's by Henslow. Be interesting to see how it all plays out.

if the pipes aren't swapped for the elephant within 12 months, as has been stated by CD and China hadn't stockpiled reserves and/or Musk comes up with alternative technology it's a hold for a while.

COY fundamentals are there, demand is there for material and Bigger Fish are swimming in the same pond but spoilt for choice. ESR is looking to set itself apart with Carr Boyd from all others and join a select few.

See how this pans out as the calendar year progresses and new financial year begins.