Iron ore price is still at $149US per tonne so is currently at the moon, not too the moon. One of the directors purchased a large amount of shares late last year. Not speculation, fact.
There are a number of their tenements they are hoping to announce land access agreements with and exploration plans (in the latest report) which may have an effect on the share price. Rock Lodge just happens to be their most exciting.
The NBR project (in my opinion) will have news before June which if it goes to public comment without further requests from the EPA will have a positive impact on the share price.
For a company with a market cap of this size, there is decent upside should these things work in our favour.
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