Yeah, all in all incredibly frustrating. I've stubbornly held these from times before I knew about stop losses!
It seems they are spending circa $500k this quarter basically on in-fill geochemical sampling to provide better define drill targeting on Marymia and Ned’s Creek.
And I suspect they are waiting on a nearology play from SRI (not going to happen any time soon) or VRX (results pending) to increase the SP and then CR. Cos without a CR there will be no drilling OR wages.
cheers
J64
Ann: Appendix 3Y Mark Pitt - 14 Sept 2012 , page-6
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