Ann: Red Mountain commences drilling Red Valley Project, page-21

I think you under estimate how the spec end reacts, KSN few months ago went from 1.7c ($13mMC) to 4.4c ($30mMC) within 3 weeks purely on the hype of their Lithium drill results coming out.

Have seen that happen over and over on lithium spec stocks from these low market cap levels.

Many have waited for this confirmation before buying, not wanting to buy and wait like many of the rest of us. So now there will be a push up higher as it edges closer to the results coming.

KSN did the same, took a week with slow rises in share price before big volume came in taking it to that $30mMC.

With drilling now confirmed and actually started, we should now see that same behaviour come in as people become more comfortable buying in knowing drilling has commenced.