I agree mdick re strongly pushing development at Tennant Creek. Cu is "IN" big time and has a long way to go. Iron Ore, talk that RIO's project will be the death of the Pilbara and probably a lid on prices, but, cash flow is also king at the momement, if it's quick and they get DOS deals fast.
BUT, to get the SP moving, West Arunta drilling is a next cab off the rank top priority. Just the ann re obtaining all the approvals and commencement date for drilling will really kick the SP along again. Positive results from West Arunta would be a game changer for the company and all shareholders. Interesting Board meetings would be taking place!!! Boosting the SP would have to be near top of management's thinking.
At least they didn't have to discount for this new tenement, that DOES augur well in this climate.
I agree mdick re strongly pushing development at Tennant Creek....
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