The wording of the announcement needs to be read very carefully IMO. Why would CEO need to get consultants in OZ to help them with cpal maketing if they had nothing. I believe that the announcement today tells us that they have a significant resource that will be developed but they cant announce that because of all the studies etc that must be done to prove JORC resources. I may be wrong but my gut tells me there is more to this announcement that meets the eye.
CEO Price at posting:
10.0¢ Sentiment: LT Buy Disclosure: Held