IMO it has been a factor, but I'm not overly concerned by the Novo influence - it's starting to wear a bit thin on all the Pilbara plays.
KAI have plenty of news flow in the pipeline to start driving their share price, without depending on Novo news releases!
From the announcement on the 13th Sept. -
"Next Steps • Additional mapping, stream sediment sampling and metal detecting (ongoing). • Assay results from regional exploration (expected within 2-3 weeks). • Costeaning and trenching (commencing in 3-4 weeks). • Diamond drilling to determine the overall dimensions of the conglomerate horizon"
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- Ann: Significant Gold Nugget Discoveries at Croydon Project
Ann: Significant Gold Nugget Discoveries at Croydon Project, page-128
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