It would be good to have an update on the 'highly-anticipated' drilling which started on or just before Tuesday 5/9.
We had hoped for news last week, and news that would have been positive enough to boost the SP and also get AUROA holders converting en masse. That did not happen of course, so the option conversion rate will be very low unless a miracle announcement issues today, or tomorrow at the very latest. Unless exercised beforehand, they will automatically lapse at 5pm WST this coming Wednesday.
The SP has been solid notwithstanding the 'no news', but that said someone has just dumped 1m in one fell swoop and in doing so pushed the SP down to 7.5c where is now sits, looking very limp. This happened last week though Wed/Thurs and it then regained lost ground. Same again?
AUR Price at posting:
7.5¢ Sentiment: Buy Disclosure: Held
