RE: WHY THE DROP14 Feb 2023 18:31
EAW - the short position is creeping up a bit to 36.31m shares on loan as at lunchtime today but nowhere near the 100m+ that it was not so long ago.
You are spot on that we have NOT had any news that says our existing Gold AND Copper finds have depleted, indeed every drill result we have ever had at Havieron have only confirmed MORE resource being added and as you say we own 30% of it at present, until somebody buys it from us (which will need OUR shareholder approval) AND Shaun said it would only be for an “eye-watering amount”. So whilst I understand some getting the jitters and neg-heads trying to capitalise on that by pouring more oil onto the fire, but the truth is NOTHING has changed for us. We still own 30% of a burgeoning resource until somebody tells us to the contrary and asks us to vote on it. So IMHO let us let Shaun carry on with what he was appointed to do and manage the best outcome for shareholders. All the rest is white noise and people need to chill a little and wait for ACTUAL news, not supposition, rumour, best guesses - good luck to us all!!