Gday GH,
I am with @Denzel88 on this, most likely a CR in 4-5 months.
The company needs to have a least 1 qtr worth of funding otherwise the ASX will come down on them very hard.
With the current cash burn the company would not have enough cash for a full qtr if they left a CR for 6 months.
Just the same all holders have to be happy with how ell the company is managing its cash resources while getting on with the job of exploration of its excellent targets.
As you point out the sp could be significantly higher in 4 to 5 months if the assays come back to prove the REE find a world class resource.
gltah
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