I’m still sticking with my prediction of 500kT in the northern parts of candelas.
Could be slightly more or less depending on the porosity values - I think 8% is conservative based on the photos and descriptions of core samples.
Hole 7 doesn’t look great but hole 8 proves that there is brine at depth directly under the ignimbrite. That pushes the polygon outwards in other areas.
They will probably also add the results from the south as inferred resource - so we may get a total figure we’ll north of 500kT. Given what peers are doing with very low grades these days I can’t see it being left out of the numbers.
I’m looking forward to seeing what SRK decide to do.
Then we’ve got PFS and western tenement drilling. Plenty of good news to come and still well undervalued IMO.
AGY SP hit a floor around 75M MC, and our resource is far better. We just need to catch up on development.
Happy to sit and wait on this one.
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