Not too sure on the relevance of this. I think we all expected that the trend existed between Loharano and Mahela and if this wasn't confirmed the mine would be a bit of a let down. I suspect this is just a precursor to a capital raising; create a little hype to entice new money into the business then introduce the capital raising. I didn't look into the last quarterlies too heavily to work out the cash position but just knowing cash has been burning and this not providing anything substantially new (that wasn't already expected) just gives me that vibe.
Obviously still happy to have this confirmed and am happy with my speculative long position, but i don't think there is much in this to get excited about as an existing holder.
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Not too sure on the relevance of this. I think we all expected...
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