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hi all hope you don't mind me posting as a non holder. i've been doing soem research on stocks/companies that Peter Armitage is involved with and this one has sparked some interest in me. regarding the drilling and when the market can expect results imo could be as far away as end of June minimum. someone correct me if i'm wrong but i think there is a window of 6 weeks where if a director buys shares on market they can make no "price sensitive" announcements for the next 6 weeks. given peter bought 1mill shares on or around 18th May holders should not expect any results for that date + 6 weeks min? is this correct? cash burn seems to be pretty low and oro have farmed out for pretty much 30% free carries on quite a few prospects while others pay to drill. bit disappointing to see peter only owns 2 mill shares as a director and given the amount on issue though.
good luck to all. hope it works out well.
cheers