Not sure if I agree at all.
New management have been in place 4 weeks and look what's happened to the share price and news flow!
The HOB resource looks like a legacy of ex MD considering it's only out now and it was based on last years drilling.
Furthermore.....
1. Quarterlies are an historic re cap and ASX guidelines demand this
2. Clearly new management are now making it clear Browns Reef is the way forward and have now resolved any uncertainty around HOB.
3. There is never enough money to do everything ( unless they blow the capital structure out) so a focused approach on Browns Reef looks ok to me.
4. More results will flow from Browns Reef over coming months so in my view this dip is a trading BUY!
Not sure if I agree at all. New management have been in place 4...
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