Good to see more activities lined up for this dry season, and funded by current cash.
I think the market knows there will be a pre result CR. Not because they need it to fund this seasons program, but to live another day if the results disappoint and avoid having to raise after the sp has reacted to any negative news.
Anyway, I'm happy to hold, and may even top up after a potential pre result CR because that will derisk post drill funding and its probably required for the sp to have a decent pre result run, imo.
Ann: Mbelele Appraisal Update, page-7
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