RE:RE:RE:Two cents forward. there has in fact been huge growth in 2018............... presumably in good part to ET, the reserve study was delayed and when issued substantially grew the reserve value of the mine...................................... this growth was two fold:
1) massive growth in the quality of the expected stones distribution
2) the mine life looks to be extended 10 to 15 years
Now #2 would have a more limited impact as it hits value on a discounted basis; i would also suggest it was not entirely unexpected news to the market. - outcome, limited .
BUT #1 - that should have had a more significant effect imo as it was not expected and impacts the model valuation on an immediate basis.
had the groups that are still exiting finished or if the new VP can get them placed into different hands, we should move to a new accumulation phase in the stock.