Just zooming out a little bit here. The sell of was sh1t but it...

Just zooming out a little bit here. The sell of was sh1t but it wasn’t just the CR. I think 80% of people invested always planned to de risk before the drill commenced and unfortunately the finding of the cr discount coincided with the exact moment everyone needed to pull the trigger on de risking.

holding till the last minute right before spud in hope of getting the highest SP to sell some of your position. When Scott said it’s only a week till spud it would have triggered the sell signal as it’s your last chance to de risk.

however there’s also other factors that have played into this.

the fact that we were promised a signed PPSA in July, a formal gazette (inked and printed) a resource upgrade and a farm in partner (potentially tier 1 company)

none of this has happened and it doesn’t bode well for creating confidence in the company. They have been screwed over by the government and the low ball farm ins but at the end of the day they shouldn’t have said anything to share holders unless it was DEFINITELY going to happen and happen when they said it would.

it just looks bad so close to a drill campaign and it has not gone to plan in anyway.

A poor CR but also a poor 2 months for the company not meeting deadlines