GRX 0.00% 72.0¢ greenx metals limited

The downward revision in the Prairie Downs resource was very...

  1. 18,385 Posts.
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    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.
 
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