Have been saying since NCM turned down the 5% option that this is a game of chess and Shaun had the next move. Well there it is, Shaun has just turned us into a fully funded company. He has come in for lots of flack since arriving due to a falling SP which of course had nothing to do with him. Shorts have been noticeably dropping since last week and maybe this was the reason why. A massive congratulations to Shaun, the team and us the shareholders. We are about to put 18 months of SP-induced torment behind us.
"The improved conditions have enabled completion of the transition to full drill and blast development, which positions the team well for further acceleration in development rates."
The big, round-numbered trades we have seen in the past which appeared to be the shorts now look to be on the other side of the fence and are, in fact, buys. Interesting day so far and ties in with the shorts decreasing.