They may have had this tenement in the pipeline for sometime and just now got go ahead; don't see any issue with them having other tenements available; especially with the interest in Lithium. It's not like it will go anywhere if the put it on the shelf for a while!
We are now one week into "2-3 weeks" until results were expected from Mt. Ringwood. I'm definitely happy to hold until results, and expect others may start to get in on the action closer to the release date. Market cap is around the cost of a shell company, can't do too badly when you're at these prices...
They may have had this tenement in the pipeline for sometime and...
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