I agree that the huge volume (almost all of which was buying) in the last two days indicates this should be positive.
However, I am a little alarmed by the wording.
"the Company intends to make an Announcement to the market regarding the status of the above matter once it has sufficient information to allow it to do so.'
This seems like a strange thing to say if they had received notice of the PSA - what 'sufficient information' would they still need to gather? Furthermore, I can't see how they could need 'sufficient information' to prepare a resource report - they have been sitting on all the necessary technicals for months.
Anyone have any insight into why this curious choice of words?
TPD Price at posting:
0.9¢ Sentiment: Buy Disclosure: Held
