Been in over 12 months. Dissappointing and still no JORC yet. They scored another tenement recently in West Angelas from Midas Resources (MDS surrendered the tenement). I'll post up geology and magnetics when I get time.
When you see Dragon Energy (SP $0.20), just bought (and fully paid) 67mt JORC of Pilbara IO from Ausquest for $7.5m and DLE just announced a fullly underwritten rights issue (underwritten by the major shareholder) to all existing shareholders for $0.30! plus 1:2 options at issue price $0.001, DLE's market cap is only $9m (45mil shares on issue)... add DLE to your watchlist.
HEM Price at posting:
39.0¢ Sentiment: LT Buy Disclosure: Held