I don't expect a rally in SP on the back of an upgraded prospective resource. I don't believe this is what the market is looking for at this stage. The resource is already big enough 0 to power of 1000 instead of 500 makes no difference. That's IF it turns out to be a duster.
However, progressive back to back news leading up to the drill will improve investor sentiment and should lead to an appreciable increase in SP not the kind suggested by those looking to exit before drill though. Consider general market sentiments and temper expectations until a discovery is made.
Disclaimer- I could be wrong. The market has the final say.
IVZ Price at posting:
17.5¢ Sentiment: Hold Disclosure: Not Held
