Not sure how you can say West Arunta has died down?! For that, you have to focus on the main players WA1 and ENR with proven exploration/drilling track records (WA1 with a discovery). Both those share prices have held up well in recent weeks which says to me that the West Arunta region is alive and well. If WA1 was $4 and ENR 10c I would believe your word. However both have good support around current levels and interest remains in the region.
Obviously, the smaller players like MTM, LYN, BMG, CGR etc have fallen back a bit since their capital raises and the fact they are many months away from drilling. Apart from CGR who commence in the next fortnight. The correction of prices in these smaller cap West Arunta explorers is not to do with any 'loss of hype' or loss of confidence in the region. It comes down to wait times for drilling and the market finding better options to store their capital until their exploration kicks off.
As with RCR, well it has not correlated with any of them since the beginning. We are the little player ignored by the market, the runt of the pack. However, that also provides a lot of upside if some decent results come our way in the next month or two. Since we are enormously undervalued on a market cap perspective. Gobble up those cheapies whenever you get the chance IMO!
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