DIO 0.00% $1.27 dioro exploration nl

Let's not call it a plot, but I would definitely call it a...

  1. 228 Posts.
    Let's not call it a plot, but I would definitely call it a dubious excuse.

    First forecasts for the feasibility study were for it to have been done a month ago, and mining this year. If I remember right...

    Then they got some interesting results from the drilling. Great, but they didn't say anything about this delaying the feasibility until it was due, then overdue, and then suddenly the whole thing will take at least another month.

    I work in the IT industry, so am naturally skeptical of the project that is always 90% complete and delivery is just around the corner.

    I am not as knowledgable about the industry as many, but I would be much more comfortable if they looked like getting some runs on the board soon. 15 months left, and the share price needs to come back a lot for the options to get into the money.
 
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