I think it is possible the languishing share price is a hangover from the relative disappointment of the results from the recent Wodger drilling program reported in October - it failed to deliver on the promise of hole WDRC005 which was reported in July this year (31m @ 2.39% Cu). Whilst the recent drilling identified a conductor, there is confusion regarding prioritising the drilling of Forrest before the Wodger conductor.
The CEO needs to clearly explain the logic of their decisions regarding drilling priorities. As I stated previously, this should be a time of hope and optimism with corresponding buoyancy in the share price. Alas it is not so.
That is my two bobs worth.
Ann: Diamond Drilling to Commence at Wodger and Forrest Prospects, page-46
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