1- No regional or deeper drilling success so far to add Oz or mine life.
2- NST hits it’s limits at 19.9%
3- lack of news flow.
4- dodgy gold and metals market.
5- Delay in the BFS.
6- unresolved debt and equity pricing.
7- second 4 years are less profitable until more Oz get added.
People that trade or invest see these issues building in the back ground over time and sell.
The asx can’t do anything because the company hasn’t done anything wrong. I think this is good value around here if you have a view point out towards production. Dyor.
EAR Price at posting:
15.0¢ Sentiment: Buy Disclosure: Held
