SP moves are so hard to pick. It could be a full blown re-rate,...

SP moves are so hard to pick. It could be a full blown re-rate, or profit takers might move in tomorrow. It didn't look like traders were that big a part of today, so I'm moderately optimistic about the former being the case.

There's news due relatively soon as well. The announcement mentioned the two points below.

1)
"Metaliko will now seek to model a resource for the Anthill mineralization. Depending on the availability of the resource consultants, results should be available towards the end of March along with the results of resource modeling for the Goongarrie Lady Project."

So two separate resource figures should be coming in the next month.

2)
"Concurrent with the MTT drilling at Anthill and Goongarrie, Metaliko has commenced major exploration initiatives at its extensive Bullubulling and Windanya Project areas. This has
included 11,000 line kilometers of high resolution aeromagnetic surveys being conducted in February."

High levels of prospectivity for another two projects should really bring home the potential of this company.