Ann: Update - Mt Alexander Nickel-Copper Sulphide Project, page-47

@chiangrai ...."Still drilling - one good hit and up goes the SP"

Your not the only one that has stated this, so my question to all of you who state this is why?

This mob have had some really great hits in the past well spread out over time. The SP has risen, then fallen fairly quickly. Why should it rise with one more hit similar to what we have had in the past?? The market learns over time and the last good hit didn't see much of a rise before quickly reversing, not as high as prior hits like the 47c in 2017).

1/11/18 Massive sulphides with the photo of MAD127, high XRF readings etc, price went to 22c before quickly falling below 15c a couple of weeks later.

2/9/19 "New Discovery of Nickel Sulphides at Mt Alexander", price spiked to ~25c before quickly falling again. Also included the nice photo of core, plus bullish talk of 'Fish Hook' etc. That "Radar discovery" seems to have been quickly forgotten as the company has moved on, not following up, again...

So tell me please why a one off "new discovery" of sulphides would do anything for the SP?? Especially as all the past "discovery" announcements have ended up leading us down to ~7-7.5c/sh!!