I've been impressed how this stock has held steady round the 18c mark after retracing from 24c considering its been a couple of months since we last heard any news.
On the right anoucement I think we could easily see 30c in a hurry - especially looking forward to seeing the rare earths consultants report (which was the main driver for me buying in at 12.5c).
Some exciting news flows coming up:
During the first six months of 2011, the Company proposes to undertake several drilling programmes, complete detailed magnetic/radiometric surveys, and undertake rock chip and stream sediment sampling programmes.
Programmes include:
Ashburton JV : diamond drilling, airborne magnetic and radiometric survey, rock chip and stream sediment sampling.
Ardmore : reverse circulation drilling.
Mango Bore : reverse circulation drilling.
Olary Creek : reverse circulation drilling
South America : airborne magnetic and radiometric survey
coiled spring
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