Anecdotally, I would say that a longer suspension is indicative of worse news, a few recent examples that come to mind include BAL (In Dec/Jan), QIN, GMC. You may be right that a longer suspension is bullish, I'm just yet to see it.
The picture I am showing here is a weighed average across the Tanzanian mining universe of ASX listed companies, so obviously the bigger the company, the greater effect that will flow through to the percentage figure. Of course there are many other ways this data could be represented but I thought a weighted average made the most sense. The reason I chose close of business on June 29 was because this was the point before the mining legislation reform hit the wires on June 30 - see link: https://www.reuters.com/article/tanzania-lawmaking-idUSL8N1JR317
If I had to randomly cherry pick days when each company resumed it would make it quite difficult because they all resumed at different times. If I post from relisting day, the data will be skewed because several of these plays gapped down, thus not illustrating the effect.
You can argue that posting gold and niobium is irrelevant but I don't think it is, they are all affected by the same laws. If you wanted to get that ruthless about comparisons, then you could say that there's no point comparing Tanzanian graphite companies at all because some do have offtake agreements, and others do not.
My table is highly transparent in the way it is posted, its just a bunch of data that I have collected and compiled. I don't think it is at all misleading, but again that is my opinion.
MNS Price at posting:
48.0¢ Sentiment: Sell Disclosure: Not Held
(20min delay)