I get all the above and think the stock is way under valued. The Chairman has stated there will be a JORC and mineral resource estimate before Christmas. So given the excellent and consistent drilling results over the past 3 years, I am betting the JORC will point to a large multi million oz reserve and so will push up the SP quite high. So why do a CR at 2 cents now? Is it timed to reward existing shareholders or is the feeing that the SP won't rise much after the JORC is released?
Worth Emphasising, page-2
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Mkt cap ! $62.96M | |||
| Open | High | Low | Value | Volume |
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