I sold out a few months ago due to the over hype by the CEO, but IMO they are now pursuing a smarter strategy, e.g, no more hail mary holes, doing RC precollars, doing wedges etc.
The structural geology is more complex than first thought, (that's nobodies fault) but chasing and extending existing successful intersections may lead to a quicker inferred resource. (wrt cash burn)
I'm on the record of being pretty scathing so far but this ann. is encouraging.
Reserve my right to buy back in, and yes, I hope they find an orebody.
Ann: Exploration Update Carr Boyd, page-21
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1.7¢ |
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Mkt cap ! $31.75M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.8¢ | 1.6¢ | $93.31K | 5.605M |
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| No. | Vol. | Price($) |
|---|---|---|
| 7 | 2637000 | 1.6¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 1.7¢ | 2606465 | 4 |
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| ESR (ASX) Chart |