Gidday RiverDry; you said - "the killer for me (in anticipation anyway) is the mention of all that drilling at Ricane, but no comment as to what has been drilled..."
First 1,000m is not a huge amount of drilling. Second - excuse my ignorance - but where is Ricane ? - the quarterly does not have it on their Fig 5 map that I can see - that does not shout to me that IOH attach much importance to Ricane - have I missed it somewhere. I must try and keep more up to date.
I too am puzzled at the sudden lurch towards the Maitland Hills magnetite. I do not like seeing the Magnetite resource added up with the main resource to get the magic "Billion t".
And how come they are so rushed with a standard quarterly that I see a typo in Table 2 - page 10 - the line for Bight - surely the 23.6% should read 23.6Mt.
Anyway - the whole thing is so undervalued - we need to be patient.
IOH Price at posting:
$1.34 Sentiment: LT Buy Disclosure: Held
