I actually took a step back today post announcement and l re-evaluated why I invested in Sipa. Aside from the DD coming up as a dud, I dont think any of the fundamentals of the business have changed significantly. The DD was the cherry on top of an outstanding prospective tenement not the be-all and end-all. Todays announcement whilst underwhelming neither puts the kybosh on Thaduna or de-risks it.
So despite my dramatic over-reaction above (Woodline or bust, surely) I am happy to hold and do you know what? I actually bought some more today.
Note my sentiment change!
I actually took a step back today post announcement and l...
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