Re read the MRE announcement10 Dec 2020 06:53
I had a quick fire scan over it before having to go to bed last night.
Im reading it now with a fine toothed comb and it is really great.
"Outside the inferred MRE , mineralisation remains open with results identified from the south east crescent and breccia zone, north west crescent, northern breccia and the eastern breccia"
"represents a lesser percentage of the currently identified mineralised system footprint"
"within the south east crescent and breccia region, mineralisation remains open at depth in HIGH GRADE shoots"
"Growth drilling in calendar year 2021 will focus on the extension and definition of the identified zones external to the current inferred MRE"
I could go on and pick some more quotes out but you get the point. NCM are hammering home the point that Havieron is far from done at 3.4Moz. This is the starter, the bloody thing is so big they haven't been able to drill it enough to get the required density to report more apart from in the first bits they discovered.
Take in to account the remaining areas and i think we will absolutely 100% see a doubling of the MRE and more than likely a tripling to 10Moz as they slowly but surely pepper the footprint with drill holes.
The geologists will probably have an idea of what the full thing is likely to hold right now, but with the JORC compliant drilling density required for the other zones they are having to keep that stunning number to themselves.
Sit back, relax and watch the goose get fat.