CRR 4.55% 1.1¢ critical resources limited

Ann: Quarterly Activities Report, page-6

  1. 13,163 Posts.
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    Excellent write up / summary of the tenement Kitotolo and Kanuka geologies in this.

    Perhaps the best part of the update for me however was seeing that the listed options have not changed since the last 3B. So my best guess regarding the sell down today was weak retail hands worried about the late ann release.

    Stock is now oversold stochastically, so I would think on the news that extra drilling rigs are being commissioned to expedite the project and the funds to see drilling out looking good, this changes things from a risk POV and I change my sentiment back to 'buy'. This is a good entry point prior to drill results for Kanuka which, from the resource mapping, seems to house the Kania peg which is now larger than first envisioned.
 
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