I agree with watchitgonow's comments in regards the Yandal...

I agree with watchitgonow's comments in regards the Yandal tenements. There has been a lot of activity in this area for quite some time. As far back as near the beginning of the year in 2020 with YDL. And you only have to look more recently to TOE ( Toro Energy ) and their rather spectacular initial Nickel results as headlined in their 9th December announcement below .

ASX RELEASE

9 December 2020

Assays Confirm Exceptional 4.5m cumulative of Massive NickelSulphide Grading 3.91% Nickel in Drill Hole TED07 at Dusty

So it was around this time - the trading day after in fact that there was a noticeable tick up in the trading volumes of RNX.

On top of all this , you have obviously had the historical corporate activities and acquisitions by NST ....vis a vis Echo , and more recently HMX acquiring STK ( formerly ALY's ) Bronzewing North Tenements.

So the ' land grab ' in the area seems to be ongoing. Even with regards to RNX , it is interesting that when you go back to their announcement of 20th July 2020 advising that Drilling was commencing at Yandal East , their map as pictured on the left in the split diagram below shows that ELA53/1971 and ELA53/1970 which were in application stage and not yet confirmed or become EL53/1971 and EL53/1970 as pictured on the right hand side until the Drilling results were posted up in their ASX announcement on 10th September 2020.

Even more intriguing is the fact that E53 /1970 and E53/1971 were NEVER confirmed as being acquired by RNX- note even in their Announcement on 18th December some 3 months later where they announce the the acquisition of E53/2109 as per the single third map below......

So I would ask myself what happened in between after showing in ' application ' stage only to then being acquired in terms of advising shareholders.....

And it gets better too , because on closer inspection you will find that ZEBINA MINERALS PTY LTD who is our No. 2 shareholder as per the annual reports Top 20 dated 29th September with 26 million shares or 3.65% was in fact the 25% shareholder in EL53 /1971 .......and 100% registered holder of EL52 1970. So what have they received in terms of consideration for their interests in these TWO tenements.

And when we look into ZEBINA , we find that it is a company which was founded and assumed headed up by none other than well known Western Australian mining Guru Allan Kelly.

For those who aren't aware , Allan Kelly was the founder of the successful Doray Minerals who was ultimately taken over by Silver Lake Resources , and also the previous CEO of Rivers Gold , and of course the Chairman of the relatively newly listed Miramar Resources ( M2R ).

So for me , you can't help but think that after these considerable trading volumes yesterday , that there might in fact be some sort of corporate activity in play or lurking somewhere in the background of their strategically , subtle , and almost covertly bolted on acquisitions in their overall Yandal tenement holdings.......