You wouldn't expect any share price movement.
Who would buy on market when there is still $7m worth of right shortfall to be placed?
Once that gets placed, this thing should run hard as you've never seen a gold producer with the potential to produce 100k oz in 2012 capped at these levels.
The narrow vein mining in Peru is the jewel in the crown. Just like Silverlake was a dog a year ago, look what they've done with narrow vein mining. You can't get a large resource due to the style of mineralisation.
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