On my reading of the announcement, there doesn't seem to be anything major justifying a 20% increase in the SP. I find it interesting that we can't produce 10 or 20 ton of product from any of the mines in play. I acknowledge that we are still drilling and trying to identify sufficient ore but can we not produce anything at this stage so that we don't have to buy from 3rd parties.
Happy to hear the views of others on this announcement.
DYOR
Biggles
FGR Price at posting:
11.0¢ Sentiment: Hold Disclosure: Held
