Director selling so what.., page-148

If you read between the lines here KE selling in the 'window' means he can't sell around imminent good news. We have several possibilities on that which are new assays, JORC etc.

Last time he sold it was same reaction...bleat bleat bleat but guess what, good news flowed soon after and the SP doubled.

It's now up to management (not the Chairman!) to deliver the drilling results, the maiden JORC and a plan. The missing plan is what's holding the SP back as it's feeding the accumulation. To me that's the biggest risk, the SP being manipulated by large investors looking for cheap TO. If we can table a plan we can open the register to more entrants who can price the risk and make an informed investment. At the moment it's all too speculative and the (absurd) volatility reflects that.

I'm holding but it two minds to buy more given the above. I'm definitely not selling with JORC due soon. I suspect the plan will be timed with that.