Ann: Drilling hits visible gold over 1km deep below Never Never, page-28

I sold down a sizeable stake last week because the wait for sly fox assays made me a bit sceptical. All round a pretty meh announcement but the inherent value of the soon to be announced reserve should hold up the share price. Dont see this drifting well below 60c unless there is a substantial drop in the gold price, or a very sizeable cap raise on poor terms