Or maybe not - something seems to be up :-)
Could be more people taking a position as you said.
The company is reasonably cashed up and there were a few other targets in the tenements that might generate some good initial drill hits.
The initial 8M tonnes of the JORC wasnt too bad either, but not sure on the capex requirements for it, wouldnt be small.
Ann: ASX Price Query & Response , page-4
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