LF, you are assuming that it wasn't Sinom selling down today. It probably wasn't, but if that change of substantial holder notice comes through next week then this thing is in serious trouble.
I for one am going to re-read the independent valuation report from several months ago - my recollection is that it referred to cut-off grades of 0.8% Ni; if so, then today's results are not bad.
However, there seems to be an issue with inconsistency of drill hole results - what's with the holes that were below 1% and where were they exactly?
Bit of research for the weekend.
RMI Price at posting:
0.5¢ Sentiment: Hold Disclosure: Held
