When GME Resources announced their scoping study 2 months ago...

When GME Resources announced their scoping study 2 months ago their share price doubled despite the Nickel price been much lower than today.

Heron communicated in an ASX announcement that the scoping study was so hot that they considered it unbelievable and had an independent expert fine comb it.


What it will.be released to the market remains to be seen.


With the nickel price above USD$16,000t and the share price of $0.165 hovering at cash backing, and with the GCR placement & TRO takeover not reflected in the share price, should one expect a share price less than $0.20 on the scoping study another shortcoming of the Heton Biard?!!!

If Heron would match the GME share price performance on release of their scoping study would be trading between $0.32 to $0.40.


$0.20 is not much to look for on the scoping study announcement!!