These results have taken the wind out everyone's sail. Listening to Jeremey's recent interview its even hard for him to spin them in a positive light but to say they are 'encouraging'.
Doubling down on the drill campaign essentially means that if we don't hit grade this time we are in big trouble. The SP will be smashed and we will need to raise on some scary lows. In the meantime we might see some rock samples that inject a bit of life into the SP but the market wants to see a confirmed commercial resource.
I'd like to see a plan of attack for this drill campaign to give us reassurance that it might be different to last time. Where do they think this good grade is? What's different about the geology in the new drill areas etc.
Either way I'm here to the end boom or bust and am still confident.
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)