Bellas, one of the best reports I've seen in HC. Clear and logical reporting.
I like your point about the Directors putting their hands into their pockets when the drill became stuck. Now that is confidence which I believe placed a floor on the share downturn while the company is investigating their next steps.
It is amazing that without reaching the key target in SMI6 just with two smaller targets intercepted, Management have seen enough to call the well "commercial"!!
As the Annual Report is due out probably late Sept, I would imagine BYE will be doing everything possible to get their reserves declared before that date. Very interesting days ahead and hopefully the champagne can come off the ice.
BYE Price at posting:
71.0¢ Sentiment: Buy Disclosure: Held