I guess sellers may have low grade ore in their heads. Price action is telling the story here. 3 rigs in high grade ore bodies can't be all bad after all. The stock action has really only taken the stock back to where it was happily trading several months back. In the mean time, we have confirmation of a much larger mabilo deposit and increasing grade. We get bunawan here and things should really improve. Our chart mate is telling us blue sky kicks in at 40c. Dyor folks.
SRM Price at posting:
29.0¢ Sentiment: ST Buy Disclosure: Held