As I posted 2 weeks ago, unfortunately, mgmt continue to make basic mistakes in what they do (apart from the drilling/geology results which are hard to fault)!
If the update wasn't going to be ready until towards the end of January, then the SPP should have been announced in close proximity to the upgrade timing not 2 weeks ago (i.e. very basic stuff).
As it is, mgmt have only provided an incentive to sell with the existing SPP timing. The market has responded accordingly with the SPP coming down from 34c to 27c.
This is just plain dumb IMO.
Like you I'm expecting an excellent upgrade but we'll all be starting from a much lower base than we should be....
As I posted 2 weeks ago, unfortunately, mgmt continue to make...
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