I think that this announcement could have been managed a bit better. It looks to me that they have reported the reserves found in the f sands in a report dated as at June 30. Now I thought they weren't discovered till at least a month after that date.
I think they should have announced the f sands results as separate and then made it clear what slabbo has told us in that it now represents a 57% increase in reserves. Investors then could have saw this discovery as being a lot more significant.
BYE Price at posting:
76.0¢ Sentiment: Buy Disclosure: Held