People are already taking positions on a company with 1 bio...

People are already taking positions on a company with 1 bio value of stockpiled ore, just commissioned and productive at nameplate a sxew that cost them 170mio, and just paid 100mio for 40% share. And now consider since all the above was done mostly at an average 1:1 aud US dollar currency parity......

Now look at the market cap at 120mio aud and that in USD that is really sub 100mio, this is a stock that has been over sold. It will recover and when it does, it will recover just as dramatically as it fell.