RCR acquired additional West Arunta land around 2 months ago. Check announcements! No doubt they are always on the hunt for more tenures as they become available. All proactive managements are! RCR ticks the boxes as a proactive management team, they got all the approvals sorted pretty quickly last year, months and months ahead of some of the peers you have mentioned. They don’t start drilling until mid year.
Interesting period at the moment. No volume so far today, it seems like it’s the quiet before the storm, the moment a big investor pulls the trigger and decides that those mild sell walls around 4c are still bargain territory, this will quickly re rate. This will definitely take place the closer we get towards drilling, which is 2 weeks away maximum now. Once those bits are spinning and any news of carbonatites hits the market, things are going to go parabolic imo!
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