Spot on, the quotes from Bill at the top of page 2 read on the bullish side
“We know we have extensive high-grade vanadium at SPD and that the value of the project will become clearer as we convert it to JORC status.”
“We also believe there is outstanding potential at the surrounding vanadium pipes, which we have demonstrated host high-grade mineralisation from surface and may therefore underpin a low-cost DSO operation.”
“The commencement of drilling, and the combination of the impending assay results, the testing of the pipes and the conversion to JORC Resource status means we will have strong newsflow over coming months.”