Only one thought from me if I put my black hat on here - revealing a part of th resource lets you better plan the remaining drilling required, where to hit hiw deep what drill bits etc. rather than commit to it all on day 1. Also define part of your resource and you derisk the project (or abandon without over committing) which then let’s you raise more capital if/when required at a better price so less diloto the top 20, and when you hold a lot of shares you start to feel the pinch of dilution I assume so it’s a good motivator (and good for us shareholders by extension).
Anyway, that’s the 2 cents from a man who doesn’t know too much about drilling rocks but that’s how I would run the project
I’ll let the others comment on the difference in drill strategy between the two locations
4CE Price at posting:
9.2¢ Sentiment: Buy Disclosure: Held
