Yes its tempting to sell and buy a new car. But we've got good PGEs in surface rock chips, and the 3 historical drill holes give us strong pathfinder elements for PGEs (nickel and copper) down hole. Its by far the most advanced non-CHN Julimar-type drilling target on the ASX. The size of the hill means there's substantial tonnages there - the 20 million tonnes estimate by Washington Resources seems pretty light to me by a factor of at least 5 based on length x width x depth.
If drilling's delayed again we lose time but no money really, MAN's very cheap to run, and while we've been standing still for 6 months there's still no one close to catching up in terms of defining such a massive exploration target potential - and that includes CPN, DEV, and our new LSA/LTR spin out.
But its always good to take a profit, and the market soaked your shares without too much stress, finishing at 24.5c.
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