I think the market is deterred by the whole MZN shenanigan will be solved by January.And,there is the met work,the orphan stage for every explorer,and there is the off-take deal,finance,refurbish the plant(6 month),maintenance of the road,construction of the mine.....seems a lot need to be done from here to 1 dollar,identifying the resource alone doesn`t seem enough. Jugding by GXY,AJM,PLS,SYRchart,they all have to endure 6 month -1 year of orphan period piror to production,if they ever goes into production.
KDR Price at posting:
43.0¢ Sentiment: None Disclosure: Not Held