ABU

Fascinating how ABU is so heavily disregarded by the market.  Often you have to wait until an updated JORC resource is announced.  Sometimes good drilling results do not equate to a large mineral deposit in the ground.  I have no idea how it is calculated in details.  A good example was the plunge in CDU last year.

For me, good drilling results equate good buying opportunity WHEN the share price falls.  The logic is rich sample implies more minerals; that simple.  But the total amount is calculated different.

My buying spree is coming to an end as I use up my cash after selling a chunk of PIROA.