Seen this happen so many times fantastic announcement and sp goes down on the first day because of panic sellers. But with 10m shares bought in one day means we have a whole lot of new investors that will be pushing for results. Good news is it alway comes back and ends up much stronger.
Personally I am very happy with the result and look forward to future resource upgrades and mining in the near future.
Think we might see some brokers placing super funds now that we have a proven resource we will be known as a safer company to invest in.
iron ore price is almost $200 per tonne wich means we have a resource worth approx $3.4 BILLION .
Add to My Watchlist
What is My Watchlist?