I'm not here to argue with anyone, and apart from a select few nobody knows the results of the assays received so far. My thoughts are if the assays showed nothing then you would most likely leave drilling holes 12 and 13, and just stick with the holes that you have done (11). Instead they decide to drilled two more at a cost of $50,000 (converted) each. Doesn't really add up that you would spend money for no reason, but it does add up if you had decent assays and wanted to confirm with follow up drilling ready for phase two positioning. The sp isn't moving on the results, it is on sentiment, and probably a few people who tried to do a trade on the drop the other day. Anyway the good thing is we only have to wait at most about 8 weeks for the preliminary results.
Redmoor aside, there was talk of a strategic partnership for the coal asset, with talks held between may and early July.
I'll not post anymore, unless I see something reported from SML.
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