i personalty don't think its got anything to do with the current spot price IMO. The priority is just Samphire at the moment and i think a lot of it is because of the jurisdiction being within South Australia. It will also take a lot of work and more importantly time and focus from the team (and money too) Drilling to enhance resource, updated testing for recovery and a scoping study have all been flagged for the next 6 months at Samphire.
ideally they would like to get a nice resource upgrade and some movement within the space to raise interest and the spot price (and in turn our share price) before considering investing big dollars in NT. IN saying that there is a lot of pre work to be done before getting a drill in the ground, and I'm sure it will be Greg and co's hit list the next 6 months.
All IMHO of course.
Ann: Trading Halt, page-50
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