A40 price action, page-150

Pela, who knows. This stock behaves very weird, especially on good news. let's start 2018
March                Proddution commences                Price drop    7.5%
April                  Hauling product commence           Price drop    5.25%
May                   1st shipment                                  Price drop    8.75
June                  Increace in ore reserve                  Price drop    8.0%
July                   Achieve comercial production        Price drop    30%
September        Bald Hill opperation optimisation    Price drop    23%
December 04    Aprove scheme of arrangement     Price drop    10%
December 12    Appointment opperations director  Price drop    41%
2019 
January            Record month production               Price drop    16%

There were some slight recoveries in between and percentages are based on the s/p on the announcement day, so you can't just add the drops. The only real thing that will move this beast's share price is an increace in resources, adding LOM. We need to start drilling in all earnest. Annalists don't see the picture the way we see it. I feel there is enough spod in that ground to last into the next century. They still say, "how dare that man MC, go against all proven conventions, and start a mine without a BFS and such a small reserve". Just my opinion and a very humble one at that.