Good results are already built into the share price.Appraisal hole is expected to add to the reserve.
They said they require a processing plant, a contract from a buyer and a Cash Flow before we can expect any significant change in price. Spring (April-June) was mentioned as the earliest for the onsite facility to be built and installation to begin. By the time the wrinkles are ironed out and delays are factored in we could be looking at the summer months (July-Sept.) before operational and then we wait for the first cheque to be deposited.. In the meantime they need to raise more money to pay for the facility and more drilling which could be hit or miss? Big dilution either way.