If the management were responsible and the visual grades were so compelling, can't see why they just did not suspend trading for the week. But that would have spoiled the fun wouldn't it?
Cannot see why they did not put out the northings/eastings, azimuth and dip for the awaited results.
Watch for the rampers to only look at hole 17, ignoring any other lower grade results out of 15 or 16-as if they don't come into the equation! Well welcome to high grade , poddy Victorian gold systems ladies and gentlemen. (And this is not Ballarat or Bendigo and nor it is not a virgin field discovery .)
And if the jewellry box has an azimuth of 0 to 45 degrees, or even more worrying, 180 to 225 degrees, they have just drilled down the strike. And sucked everyone in.
Go back to the First quarterly released at the end of January to see the potential tonnes they are looking at from a schematic point of view. Then look at the results since then. Tonnes? Diluted grade? JORC Compliance?
Cheers,TAS
SML Price at posting:
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