Not a bad announcement given EM is only really for target...

Not a bad announcement given EM is only really for target generation. So they have identified a good target and need to drill it. The real results will be after they have actual assays from RC drilling, which will need more cash to be raised.
I do have a small problem with transparency of competent person in these type of announcements. John Stockley is a director and did this announcement so its the pot calling itself black in my opinion. See Table 1 JORC code if not why not explanations.

I would rather see a third party expert consultant do any JORC code compliant reporting.

Not to sound negative but just looking at the facts.

P