My takeaways
1) Down to having only $1mil in cash so CR is definitely on the cards so in my view we wont see much of a rerate until that is behind us unless they gamble on doing the diamond drilling first with the hope it hits something significant.
2) XRF is indicated as being done on the holes and hence their would have been knowledge of the widths and quality of intersections prior to assay results.
3) Very average presenter and did very little to sell the story.
4) If he thinks diamond drilling will be completed, assays received and resource estimate completed over the next 2 months....I look forward to being surprised....my guess lucky by end of the year and hence CR may have to be done pre resource estimate.
5) no indication of any work eventuating in the short term on any other project.
AIMHO so DYOR
My takeaways1) Down to having only $1mil in cash so CR is...
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