This stock is just unloved due to
a) the overhang of 50M relisting options at 1c that expire in June.
b) Need to raise cash for their next drilling campaign to finalise a JORC.
Once a) and b) clear which I suspect will be before end of June latest, we should see some positive momentum here. That is assuming of course their raising is successful but I think their drilling proved they have iron ore in the ground AND the ground is in a good spot AND it is in a relatively stable country that is pro-mining AND I think both the Chinese and Indians would like access to some non big 3 Iron Ore resources.. My two cents...
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This stock is just unloved due toa) the overhang of 50M...
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