This announcement is dodgy AF.AIMO (Yellow bit) “due to circumstances beyond anyone’s control” reading between the lines, “our attempt at pumping the stock is not working and we need more time”. You would normally give a reason if it was legit.
(Red bit) Seems a bit extemporaneous and smells a bit of desperation. ie “please believe us when we tell you we are viable with a 5 year old scoping study and don’t take into account the fact that there may be many factors that have changed”. Perhaps the HC posts are getting to them.
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Ann: Kat Gap Drilling results and Goldvalley extension, page-23
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