RE:RE:RE:RE:RE:numbers look good to meIt does not not matter if they beat the expectation or not. As long as they own Bisha, we won't see any significant increase in share price.
Some of us here blame the IR for not showing the positive side of the story. It's not the positive side does not exist but there is the demon of perception of high country risk that will not go away.
As someone said, even if Bish's resource is increased by 10 fold, it won't matter. The presence of Bisha in our portfolio completely negates the promise of Timok.
Yes Bisha looks good but it is percieved risky and probably a true assessment.
So, we will stay where we are until we have another source of revenue from Timok, at that time the risk of Bisha will be less detrimental than it is now.
Hopefully the BOD would consider to dissociate the two sites and one should be able to invest only in Timok and leave Bisha for those who can afford to gamble and take an uncompensated risk, ie institutional investors!