Great post, CB. $4.8m was raised in march last year at 4c. Those participants will surely be anxious to see the price recover back to at least these levels. Maybe specimen reef results can do this?
Their last statement in the recent annc mentioned advanced discussions re diversifying into new projects so I wouldn't be surprised to see something out of left field re this. They are quite cashed up at the mo. Perhaps the update Was a heads up to the market for this? Could be a strategy the new managing director has brought on board and maybe he had something in mind already.
A few things happening for this company.
NMR Price at posting:
2.0¢ Sentiment: ST Buy Disclosure: Held
