Furii, You are obviously more up to date than me with Curnamona aka Oban Energy Pty Ltd and well appreciate your insight and knowledge.
Never-the-less this bit that I cut from the MARP must reflect the collective nightmares of geologists in this line of business and with apologies probably echoes some of what you have already composed.
"No formal JORC compliant estimate for mineralisation at Oban has been published to date. This is due to many uncertain factors including disequilibrium and recovery issues which will be addressed during the trial period."
I give them full marks for being so up front, normally this is in the fine print and the others don't bother with trials, and consequently I am taking a punt with them. In the end it means that maybe there is nothing down there, period. But also maybe they promise nothing and deliver everything. We will find out.
Another thing is that Dr Bob, etc must be wondering how Havilah is going to dispose of part or all of their 45% of cuy. The money would be handy right now, and there is a lot deal making with other companies going on lately. Maybe a deal coming?
As an aside, my other doubt surrounds this EPA approval announced by one of our comrades. Hope this is not a hoax.
CUY Price at posting:
40.0¢ Sentiment: LT Buy Disclosure: Held