Ann: Restated JORC Resource of 3.55Moz Au for Mining Right, page-117

with hindsight I guess it was poor form. s/p being sold down immediately after the announcement is very suspect. It will be interesting to see if the asx requests a please explain!

Good news is that we have the mr and the resources are still there and will obviously continue to grow .the bad is that it will probably take a little while for confidence/ sentiment to be restored in management.
am sure a lot of us have seen other companies with great prospects and resources but the S/P always remains suppressed. Which is predominantly due to lack of confidence in management.


all those that increased their holdings after or just before the Mr announcement have a right to be peeved.
yes they should have read previous announcements more carefully, however the selling down was way to obvious that news was leaked. Markets are a gamble to a certain extent due to its inherent risks . People work hard for their hard earned and situations like this are not fair at all.

i bought sub 2c , so whilst disappointed with the S/p price and the gains I expected post Mr Ann . i am not totally freaking out . But my full sympathies for those that lost money following the Mr announcement.