Ann: Mt Ida and Bottle Creek Resource Upgrade Adds 113,000oz Au, page-12

Yeah ER it is crazy, just not crazy funny, there is no love for ARS out there at all unfortunately.

Whenever ARS release news to market the SP invariably gets bid down (I really think it's being manipulated), but as BobbyK and others here (including myself) have said it's all about Tims Find and the Blue Cap deal.

But management are in line with what they have said they would do, which is release the Resource Upgrade - and they did that today and delivered a handsome 22% increase in Resource,and then, as I understand it, the Blue Cap contract for the toll treatment of Tims Find is next cab off the rank, see below from todays ann:


So perhaps now with a pit design and mine plan and the pending approval from DMIRS the Mining Services Agreement with Blue Cap is due for fairly imminent signing - ARS go on to say that "the Company expects mining operations at Tims Find to commence in early Q2 2020".

Having said that, you might think that ARS mngmt are confident that all necessary work to that end is progressing well. In the meantime I patiently await the launch of the said rocket.