Ann: Ore Reserve and Study Progress Update, page-9

Classic "buy the potential and sell the news" market reaction it seems.
This bottom end of the market is so unloved, makes you wonder what they need to find to get some recognition in sp appreciation.
I too think with all the drilling to come there is further scope for increases. And while that is coming down the pipe in 2019 lets hope the transition from explorer/developer to a producer is not the usual rocky one (ie a good JV partner Ibaera or others and no funding issues)