BRB 0.00% 47.5¢ breaker resources nl

“What’s with the sudden interest,” Always look for what’s not...

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  1. 87,086 Posts.
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    “What’s with the sudden interest,”

    Always look for what’s not there as well as what you actually know

    Here’s what’s not there -

    A confirmation by another opinion - which, only weeks back was dreadfully important to give?? us or someone ‘confidence ‘ - quite possibly this has made it’s way into the bin
    Enough cash to get to a PFS which is almost certain to be late
    A Potters update (if one doesn’t appear- watch out)


    What do we know -

    Exactly the same teams signed off this update as the last update
    We had delays and deadlines blown out regularly
    We have some share price movement
    We have a broker who will soon be engineering a capital raise - almost certainly to sophisticated investors
    We need at least enough money to get through to the PFS - which, if it’s any good- will hopefully give us a further raise at a higher price - that time to institutions. If no good - then to sophisticated investors again
    We got some movement from inferred to indicated - but, even though our drilling went wider and longer - we ended up with less ounces - inferred or not


    Now- add all those 2 and 2’s together - what does it say

    ‘Caution ‘ or
    ‘Confidence ‘

    ????

    Or does it say
    sirens and red flashing lights we are seeing?
 
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