Ann: Significant Copper and TREO Results at West Arunta, page-146

If you think it is worthless then you should sell out and not be a holder then... I have analyzed the early results released so far and it looks like a decent Cu & REE deposit in the making, a lot more exploration to be done but we are halfway there, we just have to follow the trends. Rome was not built in a day. A lot of people are trying to organize a get rich quick scheme here but like most explorers, it takes multiple exploration programs to reach a discovery.

Back to your point about the market cap not being relevant because it is in the middle of nowhere. Well news for you, plenty of companies in the region with much higher market caps and assets in the middle of nowhere. I think this share price decline comes down to untrustworthy management and the traders and short-term investors calling it a day and moving on knowing they cannot make money on this quickly anymore. It has to reach a base price at some point when the cash position and value of its multiple assets are no longer reflected in the market cap. That point is now IMO - which is why you are seeing support show up around 2c.

With news of new 'hopefully trustworthy' management faces and further exploration then this is destined to rise again. It is inevitable. I have been investing long enough to see it all play out.