Seems to be a pretty common theme that exploration success does not translate into any sustained positive movement in share price (in the short term anyway). Just have a look at the share price performance of XAM (the "winner" of this years Explorer of the Year award).
Its good recognition from industry peers that Southern Nights is a really good discovery - which I think most of us can agree on.... and its not like PEX have closed off the extents of the orebodies yet either - so further upside remains for additional tonnes and grade.
Peel runner up as explorer of the year, page-3
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