Ann: Ground EM identifies significant conductor, page-31

I was hoping for a bit sooner but I suppose they will probably be modeling up the data as well. I thought the gravity survey was only covering the western portion of their tenure? I'm not sure what the station spacing is (anyone know?) But generally data acquisition and processing times are relatively quick for gravity data.

I agree and they may well show nothing but if they do then we have another line of support (along with EM and geochem) to drill this target. March for drilling would be great, there are certainly enough rigs parked up at the moment so they will hopefully get a good contract too.

Sirius have a number of similar looking EM features along strike from BOA's just over the license boundary. My suspicion is that they will drill these first and then make a move if warranted.

As for Vale who knows.. I'm sure they'd love to have BOA's ground. A farm out would be a good de-risking strategy at this stage but that obviously means we would lose a lot of exposure to any upside.

Either way once they start drilling we should have a few speculators jumping on board IMO.