I guess really it comes down to intent. The #1 aim of any listed company should be to not mislead the market, through either act or omission, or simply "not knowing".
I do know I could get a couple of rockchips from Fraser Range to Perth in approx 10 hours absolute maximum.
The current drillhole was drilled 235 metres away from the one reported in May, but it was drilled at the opposite azimuth (135 instead of 315) on the same conductor. Hole#1 reported sulphides but they were reported as pyrite and phyrrotite based on field observation. Hole #2 is reported as sulphides in stringers and matrix - anyone with nickel experience would know the phrase "stringers and matrix" are often used to describe pentlandite, the main nickel ore. While you can't tell the difference from a small photo in an ASX report you should be able to tell the difference in the field from mass, texture, sheen, crystal form, etc.
But at the same time you can't ignore the shallow RAB results over the target which yielded up 1,500ppm Ni.
BOA Price at posting:
30.0¢ Sentiment: None Disclosure: Not Held
