The tax benefit of flow through shares proofs once again to be a (necessary but at the same time) deadly instrument in the mining exploration market. Any flow through share sold at 1.80+ still makes profit. There will be a day soon now that we smile back at the cash NOT needed for the deep drilling of Eagle's Nest. Try to view this as an opportunity to buy on the dips just like our big friends Wellington and Dundee must be seeing it.
NOT needs the cash and made the right deal (without the commonly attached warrants in this market), modesty is maybe our's for the day. Keep your eye on the ball and the prize, the rewards will taste even better after this rollercoaster ride will be over (that will be a dull period ahead, all the time in the world to spend your fat reward coming).
Wes will have known this risk by heart, but made the right decision. Enjoy how they will keep playing the SP, the sharply increased short position as per ultimo August was possibly the one sign on the wall we missed out on to know what was about to happen, another round of gamemastership. And I must admit, I start liking it, especially before moving it to the next level. It is now delivery at the top of the agenda, bring it on Wes.