This has happened twice before in last 12 months or so but no announcement and shares retreated to .01. It would have to be a transfer of another asset as they have no money and the heavy metal asset appears non economic. From their last announcement there was nothing to indicate they were seriously drilling on their island of sand. Lets hope they are fair dinkum this time. I have been holding for well over 12 months waiting for that news.
MOO Price at posting:
1.0¢ Sentiment: None Disclosure: Held