ready for the news, page-27

Something is fundamentally wrong here. The SP keeps tanking, day after day, when the company has basically said that in three weeks it will announce a major coking coal resource upgrade, which should, even by a conservative estimate of 50c a tonne give a market cap of around $400 million.
Yet what we have is something less than a 10th of that. I don't buy the rantings of an ANC youth league leader as the only reason for this.
Anybody care to hazard a guess as to the real reason. The appalling news flow may have some investors spooked