I respectfully disagree with your and Money of Mines analysis on it taking years to de-risk Luni to the extent that a Major would lob a takeover bid.
Major de-risking events already achieved: - Tier One Resource - Mining Agreement negotiation protocol signed with both Native Title Parties in the area - Conservation commitments for protecting Night Parrots already accepted by the EPA for Agrimin's nearby Lake MacKay Project - Metallurgical test-work confirming a standard process required for high recoveries
All in my opinion.
WA1 Price at posting:
$15.44 Sentiment: Buy Disclosure: Held
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