Your negativity astounds me Erewhon. Drilling has commenced and you're still winging.
DVEous Have a look at the planned drill spacings. A 80m x 400m grid is quite sufficient to establish an Inferred JORC (initial JORC). I would expect the next drill program to be 80m x 200m which will give us an Indicated JORC. The final drilling program will more than likely be a 40m x 100m spacings, in which case a Measured JORC should be achieved.
It's a process of stepping up the confidence levels.
As for the timing of the initial JORC, I would imagine that Gary is learning how to under promise and over deliver!!!
PDY Price at posting:
1.4¢ Sentiment: Buy Disclosure: Held