IMO with so much drilling and good results over the last 18 months without the backstory of what they are going to do with it, investors get desensitised to it. So now if every release isn't as spectacular as the earlier ones... its mehhh. Need a JORC to back their MC, build the oz up and provide a backbone to the investment case for development.
Or just keep drilling more areas and sweat on sovereign risk/political instability/new tax regime. Not worth holding out for 1 bag.
OKU Price at posting:
37.5¢ Sentiment: Buy Disclosure: Held
