First a suitor has to know how much they're acquiring, ie tonnages, and that's going to take time.
So it makes sense to me JP is focused on first scoping out the extent of the resource before drilling it out. So when we finally deliver a JORC it has maximum size and value. May as well present a whopper first up, go for the big fish.
Yet there could be even more value in going mining, And lots of fun, too. Been a long wait for this sweet spot to be found and would be extremely satisfying to watch this project develop all the way to a high grade mine. Along with chunky divvies.
SGQ Price at posting:
18.5¢ Sentiment: Buy Disclosure: Held