Ann: Trading Halt, page-28

I guess then it's presumptuous because it certainly is not inside information - as I said in an earlier post KK has not responded to my e-mails (& what I didn't say was "since June last year)

This whole discussion with the posts on this thread & today's TH are based on presumption - as I also said earlier we don't know what they are about to reveal, we can't change what they are going to reveal & we should all be patient. All we know is that the announcement is "material & related to the MRE"

& as for your comment about the share price rarely falls or stagnates prior to a positive announcement, have you watched the CEL SP each time they have made a positive announcement over the last 18 months? - it's invariably fallen & that's what has been so frustrating for all long term holders. Had these 2 discoveries been in Australia, the SP would have gone up, not down, each time results were announced

I don't do (or understand) TA but look at the chart - for the last 12 months it's flat lined on average at around 29-31c despite multiple great assay results. It's probably been a great trading chart for those who base their trading on TA - I wouldn't know because I don'y have a clue!

MY presumption is that the announcement will be super positive, the resource will be at the high end of 2-3moz & that it will be based on assays known "to date" (which have all been outstanding) because there will still be a heap of assays to come back from the labs. You only have to look at the dates on some of the core sample photos released over the last 12 months - some of the assays released are 4-5 months after the core was drilled, photographed & dated

I may well be wrong & if so, I'll cop it sweet, I just don't think they would have sought a TH from the exchange to report a dud find.

WHY? because they have (as far as I can recall) never reported a duster from any hole drilled & that's why the MRE will be "material"