Agree totally. With hindsight the 16 holes in the mt webb where a flop. Im as surprised as you are with the SP retreat. Done some research regarding clay based REE and it seems they are why easier to mine than hard rock. Hence the 4 holes drilled and old holes confirmed good resources of REE. Again why the SP retreat. You think just on bali and arunta west clay you would have a positive lift rather than significant drop. If we had moved up just on the mt webb prospect and the nil result then i would expect the significant fall. But there was no really run up in SP. MC of $15m reflected bali and arunta west not mt webb. So the positive arunta west drilling from 4 holes was good. So price should have at worst stayed up. We will need to wait to realise potential. As said before the market is fickle but is always right.
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Agree totally. With hindsight the 16 holes in the mt webb where...
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2.7¢ |
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Mkt cap ! $10.47M |
Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
4 | 338293 | 2.7¢ |
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Price($) | Vol. | No. |
---|---|---|
3.0¢ | 169484 | 1 |
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4 | 338293 | 0.027 |
2 | 250000 | 0.026 |
4 | 650000 | 0.025 |
2 | 291666 | 0.024 |
2 | 20010 | 0.023 |
Price($) | Vol. | No. |
---|---|---|
0.030 | 169484 | 1 |
0.035 | 15062 | 1 |
0.036 | 67108 | 1 |
0.038 | 8059 | 1 |
0.044 | 44000 | 1 |
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