Ann: Half Year Accounts, page-7

Reckon NTU wont be around at year's end. And where will they be looking next with the cash released if they wanna play the HREEs game ?

Agree not much time to take a "spec position", cos once they confirm metallurgy / process sheet for the large tonnage you know is already there, not needing much more to JORC it, you wont be able to chase it without paying up.

Reward/risk equation starting to look better by the minute and only needs to get on the radar to launch.

Only negative short term for mine is the directors are owed and will want shares at cheapest poss in lieu of cash before she launches. Fairest way is to do at same sp offer to shareholders. Only temporary tho, but you have to be holding to get any pro-rata.

In nice basing mode now, right shoulder s/t with x 2 driver first move for mine. Just wanna see them keep it Oz-owned at these "steal" levels

Opinion