here are a few things worthwhile considering: 1. Resource may not be as good as per guidance.. should be happy if they achieve the lowest end guidance of 10500oz based on current SP and POG and thier AiSC 2. Drilling updates adding only 10% and if they chose to mislead they could have boosted the figures as this is only just a forecast anyway. 3. Apart from T.Rowe exiting - we don't see other major shareholders are selling or increasing their stake. 4. All those negative HC commenters - do you think they care about you making profit or not? or they care about their shorts more? currently sitting at 2.13% based on shortman (does not look like a big shorts taken by institutions) 5. Macro economics is trending to higher POG 6. No major dumps on announcement since they released quarterly update.. 7. 10% of tenements explored 8. in conclusion, current mode is Wait and See for all and let those small shorters 2.13% on a hot plate first.
TIE Price at posting:
59.5¢ Sentiment: Hold Disclosure: Held
