when will this share price move, page-2

It will require a trigger to move.

This could be a firm construction timetable announced by MinRes stating a first ore date. Who knows when this but we do know there is a take or pay arrangement and MinRes have a fantastic development record.

Or a resolution on Bucklands.

We know the ASX is a sceptical beast with no love for mining small caps atm. Just look at the current valuation. $85m market cap with $60m in the bank. Iron Valley itself on a 4mpta at $100/tonne is $20m revenue a year which is as much as the current EV of the company.

So Bucklands is arguably valued at zero. A free option at these levels.

Compelling value. But given the market and all the doom and gloom around Iron Ore prices we may need to wait to first revenue before the market gives us any value.

Waited this long whats another six months.