Snowy, there's the sampling method but there is also the fact that they had only mined 5,000 tonnes of BFZ and 3,000 tonnes of Bobby Dazzler. Not enough to go on given variability. If grade improves significantly on the balance of tonnes, it may turn out that they made the 7 November announcement prematurely. There's a hint that some good news may be coming with the insto component of $10m being fully subscribed upfront even in this market. More on satellite grade performance to be formally announced before the rest of the rights close on 21 December?
CGT Price at posting:
9.8¢ Sentiment: None Disclosure: Held
