Yep, they went in with the low CR with a view to the results warranting a higher SP before they followed with another later this year. Frankly, quite a nice approach, and spoke to their confidence that drill results would warrant a future CR at a higher price. Nice that the NT Govt. has stumped up some cash to help with the drilling starting next week.
Mt Hardy is throwing up some nice results but, like the BRR discussed, MacArthur (next week) and Rover later this year were the things that I've been waiting for. I think quite a few here were thinking likewise; we'd thought Hardy was a strange thing to kick off with, but it appears to be validating the decision really nicely.
TRT Price at posting:
11.5¢ Sentiment: Buy Disclosure: Held