I think the new investors are not just buying in on the drilling in Kimberley. i think more of the recent news around Mangaroon with the rock chip sampling of REE that matches HAS (rated as world class deposit) and outcropping for Ni,Cu, PGE that is huge in size (whats under could be bigger). sure drilling in a green field does increase the SP but not at these levels, especially when we don't have previous drilling and it is mostly unknown.
i am not too worried about Kimberley drilling, but if Mangaroon drilling results are bad, then i can see the SP taking a dive.
Ann: High-Grade REE Ironstones Confirmed Over 2.5kms at Mangaroon, page-140
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