rubbish. we have enough tonnes to standout. And as one large...

rubbish. we have enough tonnes to standout. And as one large shareholder just said to me... its the highest grade bauxite discovery in 50 years.

So why 2.5c?

- the company gave away too many options. The conversions pressured the stock the last few months
- they waited far too long to announce progress on site and this broke the momentum.
- the announcement today was a little more garbbled than it could have been. I didn't read "world class". I didn't read "best discovery in 50 years".
- and we have a big important broad mkt sell off.

Sadly this is the result. The people responsible for these calls need to take a look at what they are trying to achieve, because a higher price perhaps wasn't the priority.