From where I sit there's a few things to look at.
1. We are in Australia, a mining jurisdiction that is at this current time unproblematic (and I take that with a pinch of salt considering the heritage act and the fact that most of my held stocks aren't drilling because they are waiting on heritage surveys and approvals)
2. We are about to release what I would like to hope is North of 100Mt @ north of 3%.
3. The only difference is location on apollo minerals kroussou project that has them with an exploration target of open pittable 140Mt-300Mt @ 2.4-3% zinc dominant exploration target. Africa scares the market there (see AVZ latest). Apollo has a MC of $22M.
4. Given the last 6 months at least of announcements has talked about research into dms or ore sorting for % upgrades on processing. So hopefully the mre will come out with something like this 'we have xxMt @ x% and after crushing and ore sorting/dms the plant throughput grade is 12% (thrown in figure) etc. Rtr has had long enough to sort this out.
5. This coming mre will have repercussions as to how good the announcement hits the market, how high they can get the price and at what price they can raise more money. So you'd like to think with the abundance of brains in this Co. That they hit the buzzer beater three pointer here.
Like i said before, I sit in the stands, hands on my head watching the ball head towards the ring. Does it go in to win the game or bounce out. Watch this space
