Before you get too excited about the ARV deep drilling, you should read the posts written on their pages. Many of ARV holders (I am a holder of both) think the deep drilling is a waste, is pointless, ridiculous. Castigate management has having no idea. Luckily some of it is to be funded by the CSIRO.
KAI Announcements are few, and not that hard hitting. It is not a great strategy to have your company, DEPENDENT on the activities and fortunes of other companies. But this is the market reality.
I think KAI will be a long, long wait. But worth it,in the end.
Pilbara, page-13
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