Ann: Becoming a substantial holder , page-7

I sold out when the price dropped below the SPP price, on the basis that they will have a shortfall & come back to the market with a lower offer. Also, it's a long way off from the next update (quarterly) so I wasn't prepared to take the risk of holding in this market. It was a hard call at the time as I lost a lot of money in this stock. However, I'm glad I did now considering today's action. May buy back in at some stage but I need to see grades being reconciled with reserve grade & positive cashflow before I'm willing to do that. Too many other cheap stocks out there now with less risk imo.