Our SP has dropped on news of the footwall discovery (which essentially doubled our resource), dropped following the Renard announcement, dropped following the MRE. All 3 were positive announcements, all 3 were significant steps on the road to transitioning from an explorer to a producer, and 2 of them were previously unknown to the market (i.e. they were not "sell the news events").
The market isnt factoring these things in at the moment. I suspect PWM will be the same for the time being. Provided we don't go belly up or turn into a penny dreadful in the interim, we will have our time, but its not now.
WR1 Price at posting:
30.5¢ Sentiment: Buy Disclosure: Held
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