Well we can all agree that the market is not going up on the...

Well we can all agree that the market is not going up on the basis of yesterdays Ancmt but its a good Qn, Why?

Some possibilities could be:

1) Maybe the market is not that impressed with getting just one extra DH - DH12.

2) Maybe the market wants to see a lot more than 7 DHs to get excited. eg the rest of the 15 would be a good start.

3) Maybe the market thinks Assays should be back on more of DHs 13-28 (that were completed last year)

4) Maybe the market does not like the reason those extra DHs have not been Assayed - NAGs hasn't logged & sent off the cores to the Lab for some or all (we don't know which)

5) Or there could be another reason but one way or another, the market just said "HoHum"

I actually think the SP will "take off" if given a "good reason".

It just hasn't yet got one yet .... despite managements postulating .... & thats not my opinion, its my observation.

So it'll happen I believe (that is my opinion) but it'll take a little more than postulating. Try say - on the basis of 20 DHs.