Come to think of it - this might be the first positive announcement where the sp actually went up. GXY has a manic depressive streak where good news sometimes makes the share price dip and its the days after that investors work out that its a "good thing".
Last one I can think of was :
Mine Opening - 31/3 - Open 28c - Close 26c
Mine Opening confirmation - 1/4 - Open 26c - Close 25.5c
then a week or so later we jumped 10c into the 30s.
Never mind the profit-takers and generally cloudy market conditions today - I think we will see a good sustained period of growth now that the conveyor belts are running and have 2 DFSes in the pipeline.
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Ann: Final Offtake Signed Prepayment Received,GMM-GXY.AX, page-229
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