30c was stiff resistance which is clearly been broken, RUM has a clear path now to possibly retest previous high's tested earlier this year. The move this time is based not on exploration but more sound progress with development plans/possible oftakes. The recent substantial holder notice is the signal that big players are not only taking notice but signing up for Barrow Creek. RUM is likely to achieve a significant rerating for 2012 as the phosphate sector in australia gathers momentum.
RUM Price at posting:
35.5¢ Sentiment: LT Buy Disclosure: Not Held