I agree sentiment is changing in terms of buyers outweighing the sellers (despite BOT shenanigans), however, I don't think RES will announce anything RE: Ledjadja and increased resource estimates until the analysis is completed in January. They haven't got a history of making premature announcements.
Having said that, the SP could jump significantly on no news simply because investors KNOW what is coming, because ultimately, RES is still heavily undervalued.
We stil have two 'controllable' milestones to achieve (the 3rd being ongoing positive investment view of the coal sector). We know the pre-feasibility study is on track for December, so perhaps there will be a left-field announcement regarding the identification of preferred near term port/rail export opportunities.
In any case, there are no certainties or guarantees and the market is the ultimate decider of a companies 'actual' value as opposed to potential value.
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