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https://twitter.com/KavangoRes/status/1473660384561311751
GLA
Mustn't forget also that the news was good:
Increased Siemens reading
More accurately defined conductor
Drill on track to hit the conductor
Which was because we managed to undertake DHEM
By being careful, they seem to be making sure that results flow from this drill.
For the GRS, in my opinion at least, the reward is still there and the risk is now a fair amount lower.
Looking forward to a Great (RS) New Year!
GLA
There are only 3 MMs at the moment - Cantor's problems are only continuing it seems. This might mean we have a little more volatility - but of course, that will be offset by possibly lower volumes as we go into the festive period.
GLA
https://twitter.com/MarkEJFairbairn/status/1471897982500966402
So they have drilled to 350m, paused and then did DHEM to make sure they could (in case they're issues with the hole over the break). Sounds very sensible!
And we have an improved Siemens reading...and larger body.
Sounds even more promising than before!
Have the sellers seen the RNS?
GLA
3p seems very harsh. We already know it is tricky terrain, with a reasonable likelihood of problems in the drilling (as has been evidenced from other holes). I would hope that most investors already know this having done their research. This stock hasn't (AFAIK) been hyped on Telegram etc and most investors it seems on here appear to be medium/long term.
GLA
I tend to think that if they knew it would disappointing then there would have been more informal communication. The downside is limited due to all the other great things going on. On the other hand, the upside could be genuinely company making and thus would need to be much more tightly controlled.
Just my thoughts and don't rely on them!
GLA