re: Ann: Exceptional Early Results From Reser... Well I was wrong. i predicted- like so many others- that the TH might be because of a genuinely significant announcement.
How wrong I was.
OK the news is good, no doubt about it, but not exciting.
I fail to see why the extra time given by a suspension was required. Given the relatively vague nature of the ann, the TH should have been long enough.
Last time this happened was last year, and the price went over 10c for a while but fell back when the actual quantitative results were revealed- which were OK (0.9% grades over a good length) but weren't so exciting, the price fell back.
Good to see a positive but not over the top reaction from the market. And hopefully next year we'll see a string of on-time announcements relating to actually building a mine. And it's nice to end the year on a positive, albeit muted note, at least for me. It's just that I've seen to many AVB anns like this one to be excited anymore.
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