chewy's right, i've heard kevin rudd use far worse language than that, normally in relation to hairdriers... but then look what happened to him.
also he's right in that the reserve's got bigger because the price has gone up, they've dropped their reporting cut-off grade, and they've included the low grade stockpiles although its not clear what recovery they get from this. if they only recover 20% as ore after processing its different from recovering 80%. so how much of this is a tangible reserve increase rather than an accounting fudge is not too clear.
but it interested the market. lets see if interest is maintained. certainly the volumes over the past few trading days indicate bigger buyers may be having a sniff.
TTY Price at posting:
32.0¢ Sentiment: Hold Disclosure: Held
