Well I'm no geologist, but it all sounds and feels very good.
Last 2 days pricing & Volume action has been exceptionally strong, so maybe some informed experts have formed a view on this.
Especially in light of the SPP, that just closed on Friday @ 5.2c and will be allocated on Friday 27th
Since the SPP closed on last Friday, and drilling release was not until Monday I hope I get my full allocation.
(However with 2,000 shareholders and a SPP of only $1m, I hope a few did not reach into their pockets)
"The Company may, in its absolute discretion, undertake a scaleback to the extent and in the manner it
sees fit. Any scaleback will be announced on the allotment date. If there is a scaleback, a shareholder
may not receive any or all of the Shares for which it applied."
Maybe some have anticipated not a full fill and thus taking up the insurance by buying on the market.
Friday (allotment date) I will be crossing my fingers, tomorrow I might tap the buy button again, just in case.
This has a very strong feeling of running for some time yet.