SPQ 0.00% 0.7¢ superior resources limited

Ann: Quarterly Activities Report, page-54

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  1. 3,023 Posts.
    lightbulb Created with Sketch. 1510
    Because the market knows how the company works mate. Each and every time they're weeks/months late with expected reporting, it turns out it was a duster and/or underwhelming results - ie not what the market was expecting.

    The history of how a company operates is extremely important to take note of.

    Now I'm not saying the upcoming results will be dusters. I'm just saying the odds aren't looking too good if history is anything to go by, which in most cases, it is.

    Of the 1,519 samples that the labs had received over a month ago, it was expected to receive at least the first or even second batch of results by now. Don't forget, these timeframes are based on the lab's scheduling. So if we're to assume that the company have the initial results in hand, I can only guess management are prettying up the report as much as possible if they weren't favourable, which is why the delays. Again, this is based on what we've seen previously and only my opinion.

    https://hotcopper.com.au/data/attachments/6423/6423407-2b78b9366aff72061b668a0007cebb6d.jpg

    Really sucks having to be pessimistic, but you really can't expect anything more when you lose the trust of your shareholders.

    Also careful of the usual ramper talking about "facts". Going through our friends posting history I think you can see plain as day his attempt at pushing a bias here, along with trying to create hype with "what if" and "rocket ship" scenarios - almost like shilling.

    GLTA.
 
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