I think management is waiting for weather and conditions to allow for further progress on the bellary dome. Clearly the attraction of this company is gold. Forestania lithium is a good fallback.
Weather is hottest (40 degrees) and wettest in Dec through Feb; a difficult combination of muddy, humid and hot. Obviously the fall in activities and news flow causes some impatience, but realise that exploration activities in the pilbara are limited at this time as field conditions are prohibitively difficult.
MZN Price at posting:
1.1¢ Sentiment: None Disclosure: Held
