I agree they have a great land package with multiple drill-ready targets.
They have 27million bucks in the bank but no intention to bring in additional rigs to test these targets?
They have made possibly the best Ni-Cu discovery in Australia, if not globally, for the last decade but are reluctant to accelerate exploration?
I don't get it.
If the MD's technical team is saying they are not ready for additional rigs then they need an Exploration Manager to push the team harder and/or demand the resources from management.
I am holding because I think the Mawson discovery has the goods...but I am getting frustrated with their go slow approach.
LEG Price at posting:
15.5¢ Sentiment: Buy Disclosure: Held
(20min delay)