Its the failure of Warro 4 to produce good flow rates followed...

Its the failure of Warro 4 to produce good flow rates followed by downward momentum and short-selling that is the cause of the share price. There is also a largest seller dribbling out shares at anything above 1 cent.

Non-price sensitive announcements (e.g. "we are near selling the land in NA", "we are waiting on seismic", we are waiting on Alcoa" etc) would not do much at all. Until then we have to wait for price sensitive news, which doesn't necessarily come when we want it. Mako's updates have hardly been price sensitive. Further Mako has been trading within its 6 month trading band, not rocketing ahead.

In the meantime, I think the price has overshot to the downside.