Ann: New High-Grade Copper Massive Sulphide Intercept Collerina, page-17

Seeing it's such a quiet day can I tell you all a little story which may (or may not) be interesting .

Once upon a time there was a gold explorer who announced a maiden resource .
624,000 oz's mostly open cuttable
Open at depth and clearly to be added to with more drilling - not bad you might think for first JORC !
On the announcement the price halved .
Why?
...as in the book title ...great expectations .

I'm sure you can see what I'm getting at !
Whether or not there is a worthwhile moral to the story I'll let you judge but I'm a great believer in not assuming the most optimistic scenario for anytyhing 'til it's proved up .

ps The company was BRB and the company did nothing to dampen the expectations .
HLX management are more careful I think in how they report .