Ann: Mt Stirling Gold Project - Further Significant Intercepts, page-10

I agree to most of what you say and that gold is a long play- however, sentiment management is as much a long play as a short play. I do think the company is undervalued at current SP but i think this is more down to poor management of sentiment by the management. You cant be promising one thing one day and reneging on it another day. Granted that they said that MRE is subject to lab efficiency- however, REE i thought they said in their last REE announcement that some results will be coming in the next two weeks and that was about 1.5 months back and there has no update thereafter other than small bits of information on the investor presentation.

Unfortunately, this is a recurring theme, which pisses me off a bit.