It was still an additional approx. 35,000t of metal = $100,000,000 in situ value. In reality it's probably worth $AUD150 per additional ore ton at those grades so say $AUD27,000,000. Halve it and halve it again = $6,500,000.
In a well run company it might have given a push. But the issue here is not the resource, it's the board. The fact that an otherwise positive announce had absolutely zero effect on the SP further reinforces the point.
CZL Price at posting:
0.9¢ Sentiment: None Disclosure: Not Held