EPS, who have leases near Balmoral , conceptualise a potential 1 billion iron ore deposit, without having drilled one hole.
We have a JORC compliant resource of 1.16 billion tonnes and a JORC compliant reserve of 680 million tonnes.Despite completion of further drilling late last year we have not received a further upgrade to the resource level as it is still being finalised. In fact we are now diamond drilling to increase the confidence level of the results.
Our shares are no higher than they were in MID June 2006 and theres go up 400% today finishing 300% up.
Perhaps tomorrow they can conceptualise a large ship to take away their conceptualised tonnes produduced at their conceptualised concentrator. Cant you just conceptualise it.
ROFLMFAO
EPS, who have leases near Balmoral , conceptualise a potential 1...
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