RE:Key take away from news release MegaPumper must be disappointed. There is NO WAY the average grade of all the holes at Keats, Headwall and Footwall is going to approach anything like 31 g ton at Fosterville and 49g ton at Swan Zone.
A chump like me reading all the reported drills in Keats can figure that. Plus, more gold at 800m depth does not add much value near term to NFG as it will take a long time to get the ramps to that level, or the pit to dig down that deep.
IMO given a $1.3B Can market cap these results are underwhelming. Might be a good day for traders to "lighten up".