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clock Created with Sketch. 26/01/19
00:58
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Originally posted by Smithfield:
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I can base a theory on a number of thoughts that go through my head having watched for a while. My point is that 1m is seems to be a headline figure (check how many times it is mentioned on this site) and perhaps is going to be about the upgrade number - and why not? Remember that .5 m oz was required at higher confidence for the preferred shares before and that was only just attained despite all the hoo ha. It could be argued that cal only needed to prove that much anyway.
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Anyone thinking this is suddenly worth almost half of what it was a year ago, despite the uplift in resource, extra tenements and continued gold confirmation, needs to do some serious re-evaluation.
(20min delay)
