TheKatt, the resource upgrade is not factored in.
We had a substantial upgrade at Karinga lakes at the time of the announcement the stock was trading at 13c (reached a high of 14 during the day).
We now have doubled Ammaroo, with additional drilling to come in between Barrow Creek 1 and Aragarna along with further drilling resource potential towards the rail line (west of Barrow). Still we sit at 13c...
A combination of Acorn exiting their position and traders (today) taking easy 15-20% profits clearly has held up the price.
Make no mistake this is a world class deposit. If anyone knows of a stock with better potential than RUM please let me know, because I will sell my Kidney and load up.
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