I am confident the region will unveil some more good surprises...

I am confident the region will unveil some more good surprises as the drilling goes on, but the 'base case' gets mentioned a lot as a safety net and still provides investors with value at the current price even if nothing more is discovered...
I would say, long term that could be true IF they decide to mine what has already been JORC'd, but again that is long term/years, but I would assume a lot of investors are still in this with a big goal of seeing capital growth through new discoveries and adding to the resource,,, and if the drilling fails, SP I think will fall dramatically, despite what has been found to date.

MOD are very confident though as well as a lot of investors close to the project, and any new significant strikes will definitely build on that fact that a resource is already there and priced in for it's base case.... And SP will go from strength to strength..
But we should be aware that investors will pull out if that potential doesn't appear to be coming to fruition...

It's still a buy for me, anywhere around 5.8 to 6.3 while we wait for results..