Probably not a bad move IMO. Didn't think that the resource...

Probably not a bad move IMO. Didn't think that the resource update would be of material consequence, as it turned out there was no change at all. The TH was obviously more about the small extension / variation of an existing funding arrangement to allow the company to remain a going concern.

Wouldn't expect any 'pop' until a serious funding arrangement/player is announced (or at least hotly rumoured to be). Even then the terms of any deal may not be favourable and therefore the SP might not 'pop' at all, and may even crash to a degree. There are still too many variables to make a wise decision either way IMO.

The good news is the company remains solvent (for now). The bad news is there is still no serious funding arrangement in place since the $15mil debacle earlier in the year. Therefore I expect the SP to trade sideways for a few weeks (at least) until we here something one way or the other. Better off looking for returns elsewhere in the interim IMO before deciding whether to top up or to let go for good (assuming we get the chance).

Note: my opinion should not be relied upon nor considered as advice of any kind. Please DYOR.