I agree 370830. The timing and release of announcements was poor, but I am not sure if they were due to circumstances beyond the control of management or not.
The release of mining updates was too slow and did not help their cause. If they had been released earlier it would have given the share price a much needed boost. (These delays could have been due to slow lab processes) Also they extended the SPP term because of the late release of mining updates, but then ran into the time frame for of the release of their disappointing annual report, which drove the share price back down at a critical time. (Last week of the SPP.)
Also if they had their time again they probably would not have capped the SPP maximum level at $15,000.00. I think they assumed more shareholders would participate than what did.
Overall a disappointing result, but it is on wards and upwards from here.
TRY Price at posting:
10.5¢ Sentiment: Buy Disclosure: Held
