Disappointing end today but happy to consolidate in the 30s.If...

Disappointing end today but happy to consolidate in the 30s.
If you go back to when Washington Resources could pick the eyes out of the region for the best PGE prospects, they chose 4 intrusives of high priority:
-Bindi-bindi (now under active exploration by LTR)
-Yarawindah (CZI are poking holes there too as we speak)
-Ashworth (DEV have snapped up that tenement)
-Newleyine (us)

our MC is still smallest of that group by a fair way, so potentially the best multi-bag potential.

This is a CHN nearology play, but I've always seen it as a play on the program Washington Resources had planned before the GFC and the iron ore rush changed the picture. I rate their model because they were predicting a Lac de Isles-style deposit (i.e. high palladium: platinum ratio and relative low grade, high tonnage operation) at Yarawindah. If you look at what CHN found at Julimar, that is shaping up relatively accurate, CHN has high grade palladium hits but also looks like plenty of lower grade across large areas.

For our Newleyine tenements, Washington were working on a Finnish model (Suhanko-style, again Pd predominant over platinum, but with Au and relatively low Ni/Cu, cf Arctic Platinum).