I beg to differ, especially "large" CR like you mention:
- With ~14m in cash and only AC drilling expenditure to come in Q4 I don't think they are hard pressed for cash at the moment
- Mineral sands recovery + REE potential to be announced following bulk test work
- Gold results assays upcoming shortly
- They have been putting out an Investor presentation every 2 months this year
There are couple of other telling indicators that positive news is coming. However, they are not facts so I won't crap on about that. So imho I think they'll moderately raise at much higher SP than current.
Ann: Investor Presentation, page-6
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