So the SP move ostensibly indicates the market is happy about the exploration success, which will eventually lead to extra production. Accumulation implies a longer-term view on the company. I'm pretty sure the long-term success will be well above the SP move so far.
What I'm not prepared to say is things like it's a Tier 1 company. I feel the term is far too misused as a marketing gimmick. I would like the company to get into the ASX 200. That is the imprimatur that allows it to be bought by many larger funds. Don't know if the primary listing overseas causes an impediment for the whole market cap to be counted for that.
Whatever it is I think Paul Cronin is delivering on his good reputation in the industry.
All IMVHO.
PS The late Paul Cronin the actor was the Motorbike Cop on Matlock Police many of whom found fame. My age is showing.
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