We should only be concerned if the directors or perhaps AMCI had sold. I dont believe the above have sold. If a number of larger shareholders sold then they will be rebalancing their own balance sheets. Their sales dont relate directly to GIRs prospects. The fundamentals of this Coy havent changed. They are about to get a lot better when the planned June JORC upgrades are announced.
The PMH ann this morning is outstanding. The market though is showing only a modest understanding of its significance. The ann is another step towards turning PMH into another RHI which will result in a potential $100M plus asset in GIRs stable
W
GIR Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
