how do i know that? because the company releases ann to the ASX as part of its listing requirements.. these ann inform shareholders who bother to read them about what the company is doing.
one such ann, titled december quarterly report, states;
"the company has launched a MAJOR NEW EXPLORATION INITIATIVE at noresoman" ie VTEM. this has now been completed and results of this MAJOR exploartion initiative are due BEFORE the option expiry.
they also state a roadmap for the march quarter
Update noresman resource Complete scoping study SQUID at clinker hill
you can't tell me these aren't major steps in the companies progression.. they are all current and due for completion and release BEFORE the options expire...
????????
KAL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
