What I don`t understand is why then don`t RMS employ this bloke again. Instead he joins ERO and doe`s a deal with his mates and doubles the issued shares. Also just .001 rise is a 33% profit. This guy is well known for P+D announcements and has lost his respect lately. They claim they could not get enough interest in the Olympic Dam leases. IMO I do not believe that is so. I questioned him about that but was brushed off.
Tanami is a long way off so why did we bother. I would prefer to see some drilling on Tamani as this country can produce some exciting results. Lithium is a hot metal of the future and that land and some drilling would have excited the market and attracted plenty of speculation.
IMO drilling Wattle is a bigger gamble short term than Olympic Dam. Very suspect indeed. Plenty of people already bailing out after recent update. Yes some people like the story who bought in. We all see things different.
ERO Price at posting:
0.4¢ Sentiment: None Disclosure: Held
