Quarterly may not carry much news re. results - as per their announcements. The only recent drilling results are those 2 from the ROY JV and that's because another company is involved. They seem to be holding back on our own announcements.
As they move closer to construction in the 3rd quarter, the share price will react positively but considering the outside influences, I'd be happy to see anything north of $1.50.
IO price negotiations are set to be prolonged apparently, the Chinese and Japanese steelmakers are said to be hoping for a deepening in the global slowdown to help retard the expected price increases.
Looks like MGX now has interest in their register too.
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