They are leaving MTM for a good reason. MTM management blatantly lied to the market saying exploration was imminent but they hadn't even had their approvals yet. This was linked to their capital raising too. So management are potentially in a lot of legal trouble. At least our management follow the letter of the law and methodically get it done. You can't help the weather, but it will all come together at some stage. Nice to see a green day finally. It is also good to see the weather conditions a lot better, you would think the land will be dry enough to commence drilling very soon.
Hopefully we hear of a restart drilling date early next week. With current gold and copper prices imagine high-grade hits! The market would go wild. Add in the bonus chance of REE too, things could not be set up any better Imo.
Add in that WA1 had a 14% gain day today, it is now $14.32. The interest in the West Arunta is definitely still there, especially if you prove up decent mineralisation and make a discovery like they did. Shows the potential upside at play right now. I think people selling in 2-3c range will be regretting it in a few months' time. However, when you have so many traders who take loans out to play, they cannot afford to wait and hold out. The real money in this game is made through patience!
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