Bit of selling going on today - I suspect it could be traders following the gold price:
I called the company today and asked about the Dubbo Deeps report. Company simply said to look in the Annual Report. I already know the annual report says it will be released in the coming days so yeah, I guess they are sticking to that.
I think NTL's transition from explorer to developer and soon to producer will have a greater effect than the gold price. Unhedged producers are more susceptible to gold price fluctuations so I expect NTL to experience a rerate once the market catches on. Dubbo Deeps and the other resource upgrades will hopefully get that ball rolling.
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