I was hoping there would be a few more MDXO available for sale, seems like everyone is hanging on to them at the moment.
The initial JORC is due by end of March which is 4-5 weeks away, hopefully it will include some of the areas where drilling is due to commence in early March. If the price gets to 70c, i dont think it will be until we see the full results of the next round of drilling, which may be closer to the middle of the year. This will give us a good idea if they are likely to achieve their 100MT DSO target.
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I was hoping there would be a few more MDXO available for sale,...
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