Ann: New discovery at Side Well as Mulga Bill grows to 5.1km, page-84

I must say I was very disappointed about how the management answered the price query. To say that this announcement wasn’t material enough to warrant the volume and price action on Friday is not true. Extending the strike by more than 5.1 kms and discovering a new gold prospect which mind you could very well extend to the current strike at mulga bill. So if this is not material enough than I don’t know what is.
This, in my opinion, is a company making announcement. Forget about the grades. Read this announcement in the context of the bigger picture. We now have more than 2m Oz of potential gold at Mulgabill in my opinion. Time will tell.
I guess management had to say to ASX whatever so they could get them off their back.
Any buying at these prices is a steal. And in a way it’s good that all the flippers are gone and medium to long term investors are joining the register today.
Not a financial advice and DYOR.