I don't think CHN were necessarily that lucky - they went and targeted a new greenfield area so picked up all the best ground first which was all open at the time. Not surprising that that's the ground that so far hosts the only decent deposit. They might have picked up the MAN ground too if it wasn't already pegged by the original JV partner (CPN was already there too). Newleyine only looks the best target because of the likeness in magnetics to CHN and the work completed so far but I think that the stuff to the north at Talarno actually looks better for a discovery.
Bas.
MAN Price at posting:
6.0¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)