Size and grades will be important. USA have shown amazing grades recently and overall starting to look robust. Few announcements due out soon june -July so should support shareprice.
June 2012
QA/QC verification ahead of resource re-estimations
Start systematic exploration of Samphire granite
July 2012
Re-estimation of an Inferred Resource for Blackbush all mineralisation styles, same assumptions and methods
July – Aug 2012
External audit of data, procedures and methodology
New estimates of Blackbush mineralisation
Start metallurgical program on granite mineralisation
Drill out the extension of the Plumbush deposit
Systematic exploration for uranium in Samphire granite
Issue of Retention Lease for the Blackbush deposit and the commencement of PEPR documentation
147 million shares on issue so any advancement in next few months will see share price north of 10c
I'm still looking for those resources to become M & I and then we will see fireworks
Next also would be funding around next drill - 4 million in bank
Placement to institutional investors at say 12 c would be in the right direction to underpin share price
MMM
Size and grades will be important. USA have shown amazing grades...
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Last
11.5¢ |
Change
-0.015(11.5%) |
Mkt cap ! $19.71M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.5¢ | 11.5¢ | $14.52K | 118.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 25695 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 71206 | 1 |
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| Last trade - 15.52pm 11/07/2024 (20 minute delay) ? |
| EMC (ASX) Chart |