run out of buyers, page-25

My guess in uncertainty on looming decisions for Jampang. They'll need to announce investment of $1m on the existing plant by around Feb if memory serves me correctly to hold on to it. Silence could mean they are shoring up a JORC and are also busy trying to negotiate divestment so they can focus on Wonongiri. They made good mileage out of remaining capital before the last CR, but would have to be churning through it faster with the 4 drills operating in Wgiri and consultancies on Jpang.

Nothing has changed in terms of results - the picture at Wgiri isn't phenominal, but it's still a positive picture with a growning understanding of depth and grade. Much more to come on that with 4drills, hopefully positive.

Just my guess though, beyond the guess I have no idea!! OSR has had most knowledge on AUK threads for the last year or so at least - but no comments yet on latest announcements.

Disclaimer - I sold when it failed to confirm trend around 40 and don't hold again yet. I thought 20 would be a great entry but got hung up on some other punts. Watching and waiting ....

I can't claim any accuracy for these details either ... its 6 months at least since I checked!!!

COLCOM