Its formed a solid base for almost a month now, looking thin on the order book up to 0.16, little bit of interest creeping in today - another run at this upper resistance might be on the cards soon.
In regard to Ponton drilling this is the reply I received from the company, not much detail but sounds like the heritage clearance process is well underway.
"The Ponton Project is within the Upurli Upurli Ngurtja (UUN) Native Title Claim area. Solstice is currently negotiating a Heritage Protect Agreement with the native title party (this commenced earlier this year). Please note that the UUP did not object to the grant of E39/2184 and E39/2247.
The Company has had preliminary engagement with an anthropologist to discuss the proposed area of drilling.
At this stage we can not say when clearance will be given. Drilling will commence as soon as possible."
Its formed a solid base for almost a month now, looking thin on...
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