CHN has done well, it has acquired more tenements in the region...

CHN has done well, it has acquired more tenements in the region since their first hole of success. Associated companies also acquired tenements in Gonnerville in the hope of discovering nickel sulphides and PGE'S minerals. Companies in the region are currently exploring in the hope of a discovery.
Exploration of success is not a monopoly to a company that first discovered and achieved success. Many companies will hope to replicate the success. MAN is in the same Jimperdig Metarmafic belt as Julimar and the surface is similar to it. It is therefore hopeful for MAN and companies next door to Julimar, that there is every chance that one of them may also hit the jackpot. When tin was discovered in Malaya, it was not isolated in a local area, it was found in the whole of the Kinta Valley and subsequently the whole state of Perak. It was also later discovered in other parts of Malaya. I won't be in a hurry to write off companies in the region.