I'm sort of expecting some Chinese involvement in what happens next - I don't think Minjar/Shandong will only be involved in ROD with Morningstar producing (if/when it gets a good to go). It makes sense for them to take a stake now if there is possible production and they have opportunity (AUL need cashflow) - I don't know if it has anything to do with the current squeeze. Speculating... but, there may be a bit of background due diligence going on, because there are 4 locations exposed in Stacpoole and there is constant operational face sampling and analysis (site and lab). Who is seeing those results? (not that they are anything other than a grade estimate of a face anyway - misleading if published - but if the face is in a stope...).
AUL Price at posting:
0.9¢ Sentiment: Buy Disclosure: Held