Reason for fall. THE big news is out. 60 more drills to be done and will take time AND money. Next BIG report could be weeks/months away. 8 days ago was trading low .01s. Thousands in from .007 -.010.
EOFY. Plus the good oldie, PANIC.
Where to? No idea, but, you certainly have been told what the company thinks and should be guided by that and your own judgement, plus prevailing "market sentiment".
Its my home town and I'll be watching to see a sustainable reversal before I commit, but, "could" be a real possibility, especially when some are pushing nickel in Botswana. Nickel/bauxite? Botswana/South Johnstone, Queensland, Australia, 20k from large port? I ask you!!
QBL Price at posting:
2.4¢ Sentiment: None Disclosure: Not Held