share price pending annoucements, page-7

Thanks Olly.
I wasn't quite finished either.

I should also have mentioned the 72ms at 3.27% Cu with 51.33g/t Ag and 1.16g/t Au with a true width of 16ms at Jervois.

That works out to near 70ms vertical by 16ms wide at a gold equivalant grade of 7g/t.

7g/t is high grade for even narrow vein u/g mining.
With 16ms width, bulk u/g mining techniques are assured and at that grade operating margins will be very high.
Even 1% copper can be mined with bulk u/g techniques so we have a large u/g resource not allowed for in the jorc resource (which was limited to just 200ms depth) at very profitable grades.

The u/g mining at these grades could easily be higher margin than the open pit.

The deposit is not only open at depth but the grades are increasing and the intercepts are getting larger (see diag below).
Jervois is an outstanding buy for the amount paid by KGL.

With positive cash flow to begin in June from Burnakura and plenty of cash on hand and no debt, even without Andash that canonman is worried about, this companies' future is assured.

Below is my projection on the potential upside for Jervois (previously posted). Obviously it needs to be proven up with drilling but the existing trend is promising enough as the most recent high grade deep drilling has shown.

I look forward not just to the Andash go ahead, but also to the Jervois resource upgrade and the scoping study.
That scoping study should open some eyes on the value at Jervois.