No, it's not just you, B of H. The year is slipping away fast! I feel management got caught out badly earlier this year by wrongly anticipating that the DFS would put a rocket under the SP and that Hartleys would be taking up their 8c options. With the benefit of hindsight they should have sprung a CR at 5c prior to DFS release and that would have enabled drilling to commence by early May at latest. Now we've lost a couple of months and aren't likely to receive first assays for many weeks yet; probably about 1st Sept. That means any resource or reserve upgrades will probably be Q4. So, basically, we can't expect assay results to help the SP for a while. That'll have to come down to other announcements. In the meantime it's impossible to see the SP getting past the very low 4s because there's a whole host of holders determined to get their pips and they don't look like backing off - and why would any buyer try to take them out at present until news is forthcoming? It's so disappointing!
CXO Price at posting:
4.0¢ Sentiment: Buy Disclosure: Held
