Hey, if you guys think it was a fantastic announcement, then good luck to ya.
The market didn't think so.
Even your hero (Kiwigeo) didn't think so.
"This stock goes in the bottom drawer....I'm in for the long haul" https://hotcopper.com.au/posts/71466176/single
And for others who think withholding information for the Lower Angwa, like "Porosity and permeability" was strategic (to prevent competitors from gaining information or IP...lol), check this out.
" Depth of zones tested / sampled 2,583.1mMD (2,568.9mTVD); wireline porosity 10.5%, 2,780.3mMD (2,764.1mTVD); wireline porosity 8.4%"
These information were from the Upper Angwa formation.
Where are those information from the Lower Angwa formation???
So the company released information on the Upper Angwa, but didn't release information on the Lower Angwa...inconsistent no???
Well, if that was a strategic decision, then market didn't like it at all.
But hey, tremendous opportunities for the true believers to load up the truck...
As long as you hold this belief "This stock goes in the bottom drawer....I'm in for the long haul"
AIMHO.
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