Nov 10 Share Price : $0.22
Total Production : 45,219 b for the preceding 1/2 year.
Jun 11 Share Price : $0.26
Total Production : 89,861 b for the preceding 1/2 year.
1st Reserves Upgrade
Dec 11 Share Price : $0.22
Total Production : 132,083 b for the preceding 1/2 year.
Feb 12 Share Price : $0.78
Total Production : 140,000+ b for the preceding 1/2 year.
+ Reserves Upgrade.
Reserves Upgrade is the biggest determinant to affect the +'ve SP - ATM.
I think the production is set to come into the picture much more, now that market cap is growing and production numbers start appearing on more and more radars.
Placement right now is a good thing for mine.
Share price to rise well after a period of dust settling IMHO due to:
1. A good placement story.
2. Continual production growth (with a positive paradigm shift as a result of the placement).
3. 3rd +'ve Reserve Upgrade
Comments would be appreciated
Cheers
Nov 10 Share Price : $0.22Total Production : 45,219 b for the...
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