@samboy. Should be at 15c now on such great drill results,...

@samboy. Should be at 15c now on such great drill results, decent production, strong margins & FCF and net secured debt free right now.


1) Drill results? Market wasn't impressed
2) Decent Production? Falling from 19k to 15k.
3) Strong Margins & Cash Flow? Doubt $825 will hold in Dec quarter given the fall in production. Cash flow not there to pay Investec on time.
4) Net Secured Debt Free? Once again same as above. They will shortly have $2.5m from the placement and should get more from the SPP if the price remains above the offer. Then we will be closer to debt free.

Just saw they went through at 11.2c KABOOM 73 shares...knhell!