Hi Gizard,
The announcement was made over a week ago and drill analysis was expected within two weeks of that date so we should hear the results next week by my calculation.
I'm surprised the SP has drifted off during the interim since the announcement implied the results could only be positive. The problem is, MTB has a relatively small following and the SP tends to drift down on small volume between announcements. That may well change of course if the imminent drill results are as positive as we hope.
Well worth holding until we see exactly what they have discovered in Botswana IMO and even then, positive results could well see a re-rating by the market of the company's value in coming months. The recent spikes are hints of what may follow in my view.
I pretend to no privileged insights however. Good luck,
Gupper.
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