RE: NEWS FLOW26 Jul 2023 10:28
The challenge at the moment is that there are no real results - by this I mean tangible drilling results.
Until we get those, it's very unlikely they'll be any kind of sustainable increase. I'm not being bearish here, I'm a fan but also a realist.
The market just doesn't seem to get engaged with rock chip results, not in any meaningful way. Yes, i expect a transitory bump when the next ones come in, but sans drilling it'll drift back down like it has every single time in ECR's history to date.
I believe this will come good, I also believe that it will only be drilling results, good ones at that, that will get us there ( notwithstanding a leftfield JV etc)
From AJ's interview, QL was a drill plan / targets agreed in Jan?
So, Hurricane drilling is the real inflection point for me - when are we expecting the drill on-site?