This morning's announcement is great news all round.
Mbila resource upgrade 23% from 124Mt to 154Mt Actual measured up 46% from 24Mt to 36Mt. (That's million tonnes people!)
The "discrepancies" in drilling everyone panicked about due to a lack of explanation from the company in the first place have all been cleared up and are all good.
The seams are continuous = more upside to come.
Have a look at the Msebe Block on the map ... then take note of how much ground we still have to explore in the Msebe prospecting area.
And then we have that other tenement called Kangwane Central which only has another 200 million measured tonnes or so (yes being sarcastic).
And there's probably not much point mentioning the fact that it's called Kangwane "Central" because there is also a "North" and "South"
BFS for both Mbila AND Kangwane due in a month.
Absolute no-brainer in the making here. SIR SBR and the like have nothing compared to this. I just don't understand why the market hasn't warmed to it (yet).
HWK Price at posting:
12.0¢ Sentiment: Buy Disclosure: Held