I get the feeling that there was nothing in hole 1 - a duster and they're hoping for some positive news on the RC holes....so they can announce them together.....if there's no positive news on those then I think they'll wait for hole 2 and hope that works out. If it doesn't then they'll probably announce all the bad results together along with their exploration plans for 2024/25.....they've got plenty of capital for a decent exploration campaign....so as long as they've learnt something from previous exploration, then hopefully the shares will stay around where they are.....let's see.
It's all very high risk stuff. Whilst on the one hand I'm disappointed with the capital raise. At least we've got enough money for at least one, potentially two more spins of the wheel. If a decent discovery is made the shares should still go a lot higher.....just depends on what is found!
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