It's obvious it was going to be needed eventually. Like others, you always hope it's when you're not holding, but that's the industry.
The MD is certain he is on to something. I wonder though how material this could possibly be, and for what medium to long term ultimate reason? We get the drilling aspect. I only hope (no speculate for those that' want to nitpick) that the significance may include a cornerstone investor, or potentially someone that wants in on their projects. There are a lot close in the region, as we have all looked at on pics a million times, that would be forming the same belief
From the day dot when I started to hold this, and accumulate, I have said its not a DT, and is a long term play. Those that get a DT away here and there, IMO, are more lucky than anything as there are better DT stocks.
Finally, I think we will see that Mr Viner will want to prove this up sooner rather than later. Strong vision and strong goals. I like his hands on approach
All the best
Brookece
AYR Price at posting:
1.0¢ Sentiment: Hold Disclosure: Held
