I also used your descriptions from Google earth to work out where it was relative to the mine (thanks again) and it is very close.
Your logic also makes sense in that if it is even just the edge of the seam it could add a couple of years life to the BMA mine and thus be a valuable near term resource that their neighbours may be keen on buying quick smart.
Thanks heaps to all for the informed discussion.
I am interested that even amongst HC users (buying the stock), with all of this positive analysis, that the discount gap (let alone an EV) hasn't closed yet.
Cheers John
WAL Price at posting:
42.5¢ Sentiment: Buy Disclosure: Held