O course the drilling results and new interp would have been known months before the actual MRE release to market, probably around Jan 2021 from when the share price started tanking. Apr MRE release and bullish commentary below, when geos and engines would have known the huge damage the re-interp and tonnes/grade drop in the guts of the mine reserve meant to the project economics...
Shorts rising strongly a couple of months before the disastrous July 22 Mine DSF Update and first big CR, then again of course with the next C in Jul 23.
It all looks so obvious in hindsight, but would have looked obvious to those in the know from Jan 2021 onwards imo... I need to say, I was banging the drum it was on death's door from the July 23 DFS Update when the true nature of the MRE re-interp and tonnes/grade damage in the guts of the mine reserve became apparent... much to many holders disbelief it also has to be said
- Forums
- ASX - By Stock
- Ann: Quarterly Activities/Appendix 5B Cash Flow Report
O course the drilling results and new interp would have been...
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Michael Thurn, CEO & MD
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