Ann: Updated Dynamic Modelling Works Produce Outstanding Results, page-33

Wow...

A holder cuts and pastes a line from the company's own announcement, and the second biggest cheerleader of the stock (perhaps vying for first place now) shoots it down at nonsense spewed by a downramper trying to scare people!

That's possibly the most amazing thing I've ever seen on Hot Copper!

And one thing you'll vividly notice is absent from this resource upgrade, which is on pretty much every resource upgrade I've ever seen before, is a comparison. Eg. 'upgraded from 96 to 153' or '12 million tonnes to 23 million tonnes' etc. The reason it wasn't included in this one is that the increase was a trivial margin, barely an increase at all, so they just gave the size of the resource estimate. Heck, in a functional sense it was not really any different from announcing a minor resource downgrade, but they dressed it up as a 14 page showpiece.

Of course, it reeked of promotional material designed to pump the stock before a CR, and lacked anything to get excited about.

They are legally obligated to release the financial numbers by the end of this month which I am sure will make it obvious that the CR is needed imminently (well before the end of this year) and they've tried to make it look like it's not needed for years with their misleading '11 months of funding on hand' story, which means they're going to have to announce the CR before the end of this month to avoid serious problems. This announcement is a completely obvious prelude to a CR announcement.

Folks, do whatever you want, but at this point the writing is on the wall in such big, bold font that if you don't read it and take action you have yourself to blame. You only have to put this one down for 17 days at most before referring to it for future reference.

But, I still can't get past such a big, avid ramper trying to shoot down the company's own quote as empty scaremongering from a downramper! Absolutely priceless!