Today's update had a negative effect on the current S.P why ?
well overall it sounds quite desperate , with very little details in the update, fuzzy wording and 4-6 months before any actual delivery of product
the desperation in the announcement stands out, moreover with a low cash balance for an upcoming drilling program a C.R must be on the cards soon
based on current S.P plus discount expected C.R would be in the range of 8.5 - 9.0 cents