Ann: West Arunta Project - Luni Assay Results, page-201

pros would be dribbling them out over a longer period. this is a sting and investors who don't know what they are doing are panicking and selling bc they are led to believe it'll be a fizzer bc the sting coincides with the results. Same happened at CHN in June 2020 which has fallen not bc its not all that was hyped up to be but bc the price of palladium (and nickel) has tanked and the cost of capital has risen but no doubt $3B mkt cap was a lofty and unrealistic valuation. the pros have sliced and diced this so they'll know what the resource will basically look like as too the start up costs. Its the metallurgy that is the unknown going forward. I hope it goes back to $5-6 dollars as I sold a tranche at $7 in October that I was hoping to buy back cheaper.
aimo