Hi Nij
There’s a multitude of reasons as to why a public company director may err on the conservative side to rather under promise and hopefully over deliver.... directors such as Mr Tyson Pitt Vassie and so on are of this ilk, old school experienced as they understand everyday shareholders can be burnt if rash over exuberant statements appear.
I understand and so does Peels management the various criticisms however it’s not a perfect world and hindsight is wonderful, but markets aren’t controlled by Peel ergo metal prices and or drill results.
What we should ask ourselves is do you agree;
1. That the NSR purchase is a positive sign?
2. Are you happy being offered shares at the lower market price, or prefer to pay more?
3. Did you experience our sp go from 20-86c on great news, the Wagga Southern Nights results?
4. Is the expenditure and plans well outlined in the current CR announcement?
5. Did Rob promote our assets at Freo, Burswood, Noosa, Diggers, and similar events?.
6. Did we win Explorer and Runner up Explorer of the year?
7. Do we have major league investor support?
8. If so why is it an issue to raise funds as they are needed?.
9. Do we understand we wil be re-rated as a miner relatively soon, and;
10. we shall mine with greater confidence as the latter studies have added high grade Cu and are designed to ensue we extract best ore efficiently to mitigate risk and add to profit?
I learnt more from the Diggers video as well, so yes all juniors have ongoing stories to expand upon, unless they’re St George’s Tce layabouts!.
Sarg
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