ARI 4.35% 2.4¢ arika resources limited

So whats going on with MCT dropping, page-4

  1. 1,887 Posts.
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    Mate you're talking as if it were results from drilling.
    Consider the type of sampling that was done AND that it showed spodumene.

    Anyone expecting a major re-rate simply from those results is crazy IMO.
    Management are trying to keep newsflow consistent until/if permits granted and the real exploration begins.
    I don't think a trading halt/price sensitive header was required for the last Ann but I suppose at least it's given the company a bit more publicity.

    I'm happy to hear both sides on interpretations of what we have, but seriously some of the comments here baffle me.... You're reading between the lines and making up your own little story with it.

    We have the experience(including our new specialist), cash and tenaments. Everything is on track AND until we start drilling, these speculative comments are rubbish.

    Impatience from sellers hoping for a quick re-rate is all it is.


    Cheyne.
 
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