1. What is Mr Yue going to do with the gold rights that he purchased from Northern Minerals? My belief is that he is a very hands on sort of guy so he has cleaned out all of the management in preparation for vending in the gold rights.
2. Who will be running the day to day exploration? Their is a pending announcement. There is a rumor running around west perth that it is a very very very good operator with extensive knowledge of the West Tanami and Granites Tanami Orogen. If true, this will mean that the company is able to make something of the gold intercepts at Watts Rise and finally resolve the source of heavy rare earths at Killi Killi Hill.
So I would say it's worth a punt again so I will probably rejoin the register in the new year.
ORM Price at posting:
4.0¢ Sentiment: Buy Disclosure: Not Held
