I agree with you, but their ability to manipulate and change the course of the sales is only going to diminish in the next few weeks as we approach drilling. They may be able to lock in profits and backfill then rinse and repeat for now, but the moment a large investor gets involved or the market shifts then everything will change Imo.
A lot if people forget the past year has been absolutely horrible for most commodity stocks and basically every junior explorer. This is surely going to reverse at some stage and then the volume will really arrive.
We may not even have to wait for first assays before a re rate. If the geos announce that they hit carbonatites or similar geology to WA1 then things will really kick off imo. That news could potentially arrive in the first drill hole.
Ann: Two REE Trends Identified at West Arunta, page-227
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