@fincmifr ... "but perhaps check your own bias before accusing others of ramping?"
If you understand what the results from the drilling have shown so far, then you would also call anyone that claims the MRE from existing areas will be twice the size of Luni, to be ramping. If the market really thought anything close to that the SP would be $2.45 not 0.45c/sh.
Also from Green it looks like 96 holes have returned assays, with only 15 reporting intercepts of 2% or more, spread over 4km and a few of those only 2m wide. I only counted 19 more assay results from that area to be received.
Without a discovery announcement, somewhere else (Perce, Mawson) then the next set of results expected in October from Emily and Hurley, the SP has plenty of potential to drift lower. What would you expect to hold it up?
ENR Price at posting:
45.0¢ Sentiment: None Disclosure: Not Held
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