Darren Cooke has been sounding out the media and investors over the past 3-6 months about the increased resource upgrade. We are told it is to be released this quarter….possibly next month.
Why wouldn’t you wait until this increased resource is made public and raise after this?
It leaves me to guess that the resource will continue to be a rough estimate of Oz’s and not enough to move the share price regardless or that the board are happy to accept a further years drilling…and wages by allowing brokers and sophisticated investors a quick turnaround on their investment at a cheap entry point.
This project promises so much but I personally need far more assurance of a plan going forward than just further drilling
Ann: Trading Halt, page-14
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