Think they are quiet at present because they have realised need get JORQ for Saints and Nepean remnant. We know the met work is in and awaiting results. Once that is completed, BHP off take for both IMHO. BHP need the sulphides. I also think the Li potential is under-rated at Nepean, and they should be doing all they can to prove that up. We know they have Nickel, and if they have Lithium, patient shareholders will be rewarded with bags. JORQ 2004 had Nepean Ni remnant at approximately 10,000t nickel metal, that's 350 million USD right there...
Ive been in and out of this stock, some wasted time, and disappointing SP action, but I think the base has formed for lift off.
Some good buying interest on screen, and clearly was someone capping to accumulate late last week, early this week. Was obvious.
Low SOI, relatively speaking. MC 41m just does not make sense to me.
Iv'e made the mistake of getting bored on a stock before, exited nears lows, and short time later, re-rate, then to chase or just watch? Not this time. Ill hold and see how it goes. DYOR & GLTAH
AOU Price at posting:
11.5¢ Sentiment: Buy Disclosure: Held
