Yes I agree with your comments PeterPlus.
I think further good results are factored into the current share price so there is a risk that if the next round of drilling is disappointing we will retreat back to 25-30 cents. That said it is conceivable the drilling thus far at Southern Nights has only scratched the surface and what lies underneath may not just represent a "major" deposit but a tier 1 world class deposit.
Ann: Change in substantial holding, page-7
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Change
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Mkt cap ! $63.91M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 89603 | 11.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 118500 | 3 |
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