'Also, let's say the amount produced wasn't much, it would be worse for management to announce the details and allow the market to project inaccurately into the future.' that's the key.
Usually the more they produce the more efficient they become. I was very happy when they said the U was going into solution. Saying they had sent away loaded resin (fully or partially) was more than I had expected for a first announcement.
The hawks on this page are always going to extrapolate information way beyond it's effective use. No boundaries stated or even probabilities implied. not that I think Gus is responding to that, but a seasoned executive would never put out unrepresentative information. Look a the situation with the boundaries regarding resources versus reserves. I don't know that the present situation is codified but professional considerations and ASX rules would lead Gus to acting roughly as he has with the initial announcement of Uranium recovery.
Don't forget world markets are roiled by the Chinese devaluation. Once again sorry if I stated the obvious.
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