Id be surprised to see it get above 10c for fundamental reasons....

Id be surprised to see it get above 10c for fundamental reasons.

Not even put the $3M down to secure Mooiplats yet.

Its a deep mine.If it was open pittable with a short lead time to mining market would be more optimistic.

Grades arnt JORC compliant.

BPlats prefeasibility on the site next door mentions Merensky(?) reef is uneconomic due to geomorphology disturbance so this part of the Mooiplats resource may have to be discounted anyway.Not that it would really matter with the overall amount they are talking about.

Is this perhaps just an exercise to raise the sp to allow them to comfortably place to finance their other project to the north?

There are much more advanced mining projects around that dont even have the market cap of AIM.

It would be nice to know just where the supporters of this stock(if they exist) intend to take it.At least these volumes at these levels must be starting to create some sort of support level above 7.5c.

In some ways it would be a little surprising not to see it get back above 9c at some stage considering the amount of buying that went on at 9 the other day.

d.