Ann: Significant Conventional Potential Identified at Icewine-88E.AX, page-270

The reality is, as dw has acknowledged, the project needs to be derisory and the 2017 drill will go a long way. In the meantime the sp will be played with and drift in between announcements as short termer exit. The important aspect is that 88e has been rerated from sub 1s to 3-4 c. As each major step gets ticked off so will the mc reflect this. In the meantime just kick back and relax and let the short termers like myself worry about the sp lol. The patter is that the Instos build up the sp then sell down. This is repeated and hopefully each time it creates a higher low. So the key for stocks like 88e who are in exploration mode is to have a trading parcel on top of the lt investment to capitalise on these movements.