GDoggy, are you disappointed with the SP movement or the actual resource upgrade?
I agree some of the guesses of how the SP would react to this announcement were a bit OTT (actually, a lot). But this is only one day when the All Ords (and everything else) is in the red. Give it a day in the green and we should see more buying.
From comparisons between ABU and similar explorers, and FA from other posters on HC it seems that ABU is undervalued. There is nothing to say it will get re-rated any time soon, but it definitly should be. I don't know what to expect short-term, but long-term I think we will be smiling. Happy to hold. GLA
G$
3.3 million ounces gold in resources, page-16
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