I might be jumping the gun here but from my little experience in investing I tend to think you need to take notice of what management aren’t saying rather than what they are preaching. 3 and a half weeks ago they got assays back from hole 3 at A4.. hole 1 and 2 must be dusters and A1 results mustn’t be material enough to inform the market. What else explains the silence? Surely if you hit big you rush the results to market?
Regardless I still think this ones undervalued - T3 more than underpins the $90 EV and you’ve got big upside in the Kalahari IMO as it’s both under explored and a proven belt... but we might have to wait for T20 to get any meaningful hits. Hopefully news is around the corner..
MOD Price at posting:
45.0¢ Sentiment: Buy Disclosure: Held