Given the very subdued market reaction, i am struggling to understand what is missing here. On one hand, TNR's announcement talks about a groundbreaking discovery, however on the other hand market reaction is just muted. I am thinking who is not getting whats on hand- the company or the market. Its easy to find ASX companies whose SP have increased massively on a 'nothing' announcement and here we have TNR which says that there is no 'similar global HREE discovery' and yet there is no market reaction!!
Ann: New Wishbone Yttrium Discovery at Mt Stirling Project, page-32
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