So much for the phrase 'no news is good news' hey? And the rampers have fallen quiet. No matter how you look at it, this announcement is very ordinary and will keep the sp down for a considerable period of time imo. Forget about proceeding with Gindara without a farminee now.
At the end of the day, these things do happen quite regularly in offshore operations but unfortunately the current market volatility and squeamishness of retail investors doesn't augur well for this stock atm.
As a long term holder, I'm not overly concerned but I can see how those who purchased at 20c and above could be very disappointed.
It's not the end of the world people. Good luck to those who maintain the rage.
NDO Price at posting:
15.5¢ Sentiment: LT Buy Disclosure: Held
