undervalued + newsflow, page-2

The downward revision in the Prairie Downs resource was very disappointing, but the resource is what the resource is, so well done to JW for looking into that further.

I can't see the share price moving on the back of this deal though, as, firstly, its going to take a while to play out and, and secondly, the 'upside' through exploration is now largely in the hands of a third party.

Any major re-rating, if it comes, will come from what ever new direction JW takes the company.

I sold out in frustration at the slow pace of progress, but am sitting on the sidelines watching to see what might happen next.