I disagree resouurce updates should have an impact on SP. Not even consiodering the sulphides or U projects if the mine life of the oxides project is changed from 4MT to say 8MT all the institutional valuations based on earnings, NPV etc of the starter will be revised accordingly and institutioanl valuation of the company will be recalculated accordingly.
i hope projected EPS are communicated with the resource upgrades this will be a strong message if they release it
CMR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held