Did I touch a nerve?
My university professor had two sayings he liked to use with young geos
1) Geology is a stupid man's science (which we commonly live up to) and
2) Occam's Razor: one should not increase, beyond what is necessary, the number of entities required to explain anything
Let's look at the descriptions from each and every drill hole that has passed through the entire sequence of the ultramafic package proceeding from east to west:
1) unminerali
zed peridotite followed by 2) disseminat
ed or weakly sulphide mineralize
d peridotite followed by 3) heavy disseminat
ed sulphide mineralize
d peridotite followed by 4) net textured sulphide mineralize
d peridotite followed by 5) semi-massi
ve to massive sulphide mineralize
d peridotite
Sounds like a classic ultramafic mineralized sequence that can be seen in Kambalda, Kabanga, Thompson and Raglan (all world class nickel deposits by the way). Since there has been no description to date of any flow textures (ie no spinifex, no flow top breccia zones) it probably is more likely intrusive in origin however that is not of any great significance. Since the massive sulphide (highest grade material) has consistently been found very close to or at the western contact of this ultramafic it would infer that tops are to the east. Any other geos out there want to comment on this?
What does this all mean? Well not too much unless it helps find more of the juicy stuff they've found at DE1. So, if NOT can start drilling some other conductors which turn out to be peridotite, and they can determine a similar sequence to the mineralization as described above, they should be able to figure out which side of any new peridotite has a higher probability of hosting high grade massive sulphide.
That is what will make a difference to the shareholders of this stock!