When they bought the 6th tank online they started a campaign of...

When they bought the 6th tank online they started a campaign of concisely reporting recovery rates and throughput rates. This pleased investors because we were being given accurate and clear information. After the 80% throughput update with the total recovery rate at ~53% this all ended. The 90% update was not forthcoming and the 100% numbers have also not been released.

Obviously the numbers are not good but what they do not realize is that by not giving any numbers they are creating a lot of unnecessary doubt in investors minds. Are the recoveries below 53%? Are they below 50%? Are they back down at 40%? We the investors/owners do not know!

There are now imo two main factors affecting the share price.

The first is what appears to be a capper at 4c who wants to keep the price down for the upcoming share issue (at no less than 85% of average price over the preceding 5 days etc etc)

The second is the doubt in investors minds as to the actual recovery rates being achieved now. IMO the current SP takes into account the potential for all the various recovery scenarios. I think the company would benefit from releasing more accurate and clear recovery rate information even if the data is bad (ie below 50%). IMO this would alleviate the risk that rates are even worse (ie back down at 40%).