On BRR radio, DH indicated that they would like more tonnes but that PP plays his cards close to his chest. He did however imply that more tonnes would be forthcoming and ARH wanted them. Maybe things have changed.
There is no imperative for PP to make such an announcement now. In fact the deal would have looked less fair and reasonable if PP had released more tonnes prior to the IER as it is likely that this could have caused a material increase in the sp.
I hope the immediate focus is on the conversion of resources to reserves.
Given PPs control of the company, tight share registry and relationship with the Chinese we are heading in to new territory i think.
ARH Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
