chart and simple explanation, page-3

Trying like you Sambo2 to work out where this one is headed. Not sure why we haven't seen a better re rate after the maiden JORC for B West. Thought the run up after the ann's might have had more legs.

Interested to hear some thoughts on the topic cause this stock still looks highly under valued from my very basic view of the resource.

Tried to break the calculator just on the JORC resource that if I am reading it correctly is not inferred;
(136 million tonnes at 16.6% TGC even ignoring vanadium and a low product price of say $500 a tonne)divided by the shares on issue of about 152 million. This is causing me to think that something else might be at play. Are we waiting on some form of license approval?

Perhaps a re rate might be due once JORC for "the B East" comes in. From previous ann's it appears B East likes sushi.