It is interesting that the splurge is coming from someone who's parents have been in the mining title industry since the seventies. To say his mining knowledge and experience is vast would be a complete understatement.
The man knows what is at stake and after spending close to a million dollars since August with on market purchases I can't believe the market hasn't respected it maybe up until Friday. Maybe the market knows that the decision is close being February as opposed to say last October. But if allocation of even 1mtpa is awarded, the MC doubles.
Nathan pegging Rhodes shows that he was the first ahead of all the "I'm gonna do this, i'm gonna do that" dreamers and now he remains quiet as per Fri ann but shows his hand with 1mill of on-market buying!!
Forget phosphate deposits, isn't this where its at?
CAZ Price at posting:
42.5¢ Sentiment: LT Buy Disclosure: Held
