As a cynic I would say that MR has read the Amazon report and put out the Moora announcement in a similar manner to putting out the Dumbleyung ann when lithium was in vogue.
I want to see evidence of this new extraction technique not another JORC resource of dubious value.
If his technique is so good whats to stop a JV with Amazon!
Sure, no Native title, close to Perth etc but the company needs a project that is viable, signed and sealed.
As per the previous thread Moora could be huge but it is very hard to get excited with another surprise announcement at a time when credibility is severely lacking. Lets hope it isn't an attempt to regain credibility and gain favor with those RWD holders who have Jinka options.
RWD Price at posting:
43.2¢ Sentiment: None Disclosure: Held
