the ian middlemas factor, page-29

Hi T H,
basically they are looking to end up with a huge tonnage resource that is easily upgraded to a high quality end product and they definitely are building the land holding in the right area to support that

If they do reach 1bt as targeted the company should end up being worth many hundreds of millions. One good thing about mining resources that have grades from 10-20% is that it is often clear where the minerals are, unlike trying to find gold, nickel, copper etc, where relatively minute percentages are present and therefore harder to confidently detect.