sava,
do yourself a favour and have a read of the initial prospectus and then you will see just how these guys use shareholders money to develop tennaments with all the free carried interest etc.
As for Creasy and the placement at $0.15, wonder if that had anything to do with no one else wanting to pay for further exploration given Creasy has the free carry?
open your eyes.
best value on the ASX? lets wait and see.
1560m tonne magnetite worth 400 million, page-28
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