I'm a new holder at just under 65c/share. The announcements look a bit like what I saw with Perseus Mining when it was drilling its Edikan deposit in Ghana before 2012. If I recall they had 7 rigs on site and the drill intersections were long and at very high grades. Lower grades than West Africa here but without the country risk. I also see they are well funded and close (80km) to Port Hedland and all the mining support business which would be located there. Their announcements with director (or geologist) comments are similar to Perseus' announcement style. Perseus' shareprice climbed constantly as newer drill intersections were announced and the resource size continued to grow. I anticipate the same will happen here.
Ann: Further High Grade & Expanded Footprint at Hemi, page-60
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