Fair point. The other option is that they put out an exploration update in the next few days, but then explain that the resource update is going to be delayed until January, because of the need to add information from an expanded round of drilling.
The number of additional ounces in the MRE is going to be interesting. Euroz Hartley's research is valuing high-grade resource ounces at Australian producers at $351 an ounce. Never Never's discovery cost is currently just $13 an ounce. That's a lot of potential enterprise value that could be created this month.
Spartan Resources, page-384
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