From a MAY company perspective they have probably met their targets in this appraisal. From a market perspective the market may have got it wrong and overshot with MAY at a way too high valuation for where it currently is in the game and not anywhere near production ? Maybe AP even saw this when he offloaded at 8.7 before the drill.
MAY Price at posting:
6.8¢ Sentiment: Hold Disclosure: Held
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