Curious about tomorrows results and hopefully they give enough real detail to make some proper analysis of the company’s prospects. If they’ve managed to mill decent representative quantities (e.g. 1 or 2 thousand tonnes) at anywhere over economic mining grades (e.g. 7 g/t plus) that would be a decent start.
I think they’re way over capped for current status and suspect SIs who found themselves holding stock well below what they paid in the CR would have used the well signaled pre-announcement run up (helped by director showing confidence buying on market) to offload and move on.
The company has great potential but have work to do to justify current market cap. And recent performance by directors in terms of how they’ve communicated on various issues wouldn’t have helped their cause.
Would love to see all this proven wrong by outstanding results tomorrow.
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