On the nose after the "Mr Ding" pulled out but have been consolidating their position, proving reserves and extending their tenancies.
Magnetite rather than Haemetite so that works against them a bit.
I am happy that they have released results when they said they would. Too many companies promise drilling results that never seem to come - come late and when they do don't match expectations.
From a Hotcopper view has been very quiet for months - which means no ramping one way or another so sentiment seems flat.
Perhaps a longer term play - am not sure whether this has the volume to be a day trader.
I would guess the key question is what else is in the 400 sq km they will likely end up with
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