that is some statement

Drilling program
Monax will commence an RC drilling program in mid-February 2013 with approximately 70 holes planned. The majority of the drilling will be at Wilclo South with the aim of providing sufficient drill hole information for Monax to produce an inferred resource by mid-2013.

An inferred resource by mid 2013 that is some bold statement which means that they must be cock a hoop about their chances at the sites even before a drill has been set in motion.
Graphite mining much more straight forward to get set up and and into production so by this time next year we will have a very good stock to boast about. The alliance may add to our successes as well.