The other thing to remember on SPI is who one of the major shareholders is: Eramet (massive French base metal conglomerate) - took a placement in SPI during its initial drill round and topped up later. Eramet has invested heavily in manganese and should SPI come up with an orebody of interest then you are going to see some fireworks as Consmin will be chasing this stock quick smart.
SPI should become one of the more interesting development plays in the manganese sector in the next few months.
SPI Price at posting:
8.3¢ Sentiment: Buy Disclosure: Held
