Management must have known the market would react negatively to this JORC. The result is OK but the expectations had been for 2 - 3 times that amount (predictions from reupuable, reliable sources).
Management would have had a pretty good idea of the result back in December when the JORC release was delayed due to "work backlog". It seems manipulative to me to have allowed the hype and sp rise to continue for 5 months. I wonder how many of the insiders contacts sold out in the last couple of weeks.
AGS Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held