price risen by 20% thanks to the weakening aud, page-3

Great research Mackec.

I knew Parkmead were drilling but had no idea how long the well was going to take. All I knew was that they don't do progress reports. They just release the final results.

I must say, I was a little surprised that there hasn't been any speculative buying at all for this drill.
Share price in fact has actually declined.

Lets hope they have a successful discovery.


Finally, Parkmead's website has some excellent broker research notes. Definitely worth a read.

Stay in touch mate.