"Bonus stream" - that caught my eye too.
It just goes to show how low people's expectations are that to acutally getting some money from the $50-60m of exploration costs somehow constitutes a 'bonus'.
So we can now add this to the list of announcements that have had zero impact on the SP. In that regard we now have:
- Drilling results (no flow rates)
- Reserves upgrade
- IO royalties
- ROW Approval
So if the director's were thinking that these things, either individually or combined, would get the SP cranking then they are clearly misreading the market.
Hope is not a strategy, but I see little evidence of the latter.
-Disco
- Forums
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- bonus stream of revenue
"Bonus stream" - that caught my eye too.It just goes to show how...
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