Good question ..
to my knowledge.. other than market sentiment, there is no explanation why the stock, which was trading at $3 a couple of months ago, should be half that now. Since then we have had
1/ NCC support open rail access
2/ Confirmation of an extra 125MT from the already reported resource
3/Extra drill results revealing even greater resource upgrade to come.
4/ A cash injection of $112.5M
Not sure if there is anything negative in there??
