I don't know what qualifies as world class but at present its...

I don't know what qualifies as world class but at present its only 13 MT (though looks like it has potential for double that). Grades are an order of magnitude above most moly deposits but its an underground prospect.

Don't know anything about Activex but I hold SMD which (together with KMN) have a Mo/Re project 50km to the NW. Haven't had any sense of buyers rushing in on nearology grounds as yet. May be different if it was along strike? It does strike me that there is real potential in the region and there are more discoveries to be made. Just that in the current market buyers don't seem interested in idle speculation - they need to see hard evidence. I guess this may also apply to IVA's claim of a large scale IOCG system.