There is no mystery to the share price whatsoever. They are not communicating through formal announcements. They could ginger up the market interest by briefing their broker who could publish something on the basis of discussions with management but if the management keeps information of that kind to itself, that's not much use. They have been drilling Guchab since August 2012. It is 16 months on and they have not produced a maiden JORC (which could be upgraded any number of times) nor published a target time for delivery. When they finally come to report the results of the Eisernenhut drilling, they should publish A PLAN FOR DELIVERY of something that the market can get its teeth into.
As for the deeper drilling at Guchab, they should COMPLETE the drilling of the near surface and produce a JORC open in all directions. They can then publish their PLAN for extending the JORC.
SBR Price at posting:
5.1¢ Sentiment: Hold Disclosure: Held
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