IMO the market always wants to hear about that bonanza find ie visible gold or the like. An announcement like this is comprehensive and i think aimed to inform the market on progress, next steps and timeframes. I dont see anything negative in there, its just an update. The timeframes table is welcomed so looking at another 4-8 weeks while the labs to their thing.
It goes down because the market is largely impatient IMO, DYOR
Ann: VKA EXPLORATION UPDATE ON PHASE 1 DIAMOND & AC DRILL PROGRAM, page-7
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Last
0.8¢ |
Change
-0.001(11.1%) |
Mkt cap ! $8.202M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 0.9¢ | 0.8¢ | $1.25K | 149.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 950001 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 1110949 | 3 |
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| Last trade - 13.04pm 29/07/2024 (20 minute delay) ? |
| VKA (ASX) Chart |