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23:07
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Originally posted by Dragone64:
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I am focusing on the fact that the annoying issue of the capital increase is off the table. They now have around 6m cash available to push ahead with a more intensive drilling program. proximity to Carnaby: that is, very good drilling results would quickly attract a lot of attention AND consequently fuel the fantasy of cooperation - in whatever form. uphoria in lithium. Exploration successes with consequent hundreds if not thousands of percent price gains. No telling where the SP might go if something really solid were found at Yandal. I think they see the potential and want to multiply their millions. The directors also threw in a little money. Maybe a new substantial Holder will turn up - that could also be interesting.
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I’m surprised it has held so well. What needs to happen is drilling and fast. That and superlatives in their announcements has fired CNB. Better to hammer around mt hope for some quick market response. Surely some holes near mt hope south to try and intersect CNB s stuff is worth a shot. In any case they have 6 months to go hard in QLD. Than the wet.
