RE:RE:RE:New Pics Underground Development Further, we are pleased to have successfully reached connection to the -1 Level hanging wall gallery, which represents 55% of our reserves, which occurred in August. This is significant because it enables Almonty access to infrastructure previously constructed which can be re-furbished (such as the drainage gallery, or the vertical shaft) and enables further exploration from this zone.
We only know what they tell us and obviously they chose to update when they have something tangible to say so I am for now not making any assumptions re.. the construction progress as to how far they have progressed or not..
So in practical terms as an investor, nothing has changed.. Trading is still fits and start and negligible in terms of number of shares and total $$. There are still some small players who may not have the patience or enough of a stake to keep their position etc. since we are still talking a year or two for tangible gains in share price..
FWIW