Unfortunately no one is going to make an offer until the feasibility study is complete.
Therefore are we in for 2 months of pain!? Hind sight is one thing, but why on earth did they not place the company into trading halt prior to the resource upgrade has got me scratching my head.
What better way to get market attention the to pull the security for 3 days then announce a billion tonne resource - bang
The selling is relentless and at market.
SOL Took up the placement at 30 cents, 24 cents and 14 cents. From memory. I hardly think they will put up with much more of this rubbish.
RUM Price at posting:
9.0¢ Sentiment: Hold Disclosure: Held