Its a great result.
If you look at the location of the proposed holes on the long cross section, it shows that they are next going to start testing the strike of the deposit.That's when we will start seeing serious value addition.
There is still the hangover of the rights issue shortfall, we need that out of the way and the cash in the bank to get some clear air.
But it remains a very good looking story.
Such high grades are a rarity.
Just look at ADT, BGL recently - both with very grades - one day you wake up and the stock has doubled.
Gosouth