Presentation looks good and as you say at 17 cents it's quite good value.
Was looking at these when they had their last run up. Not sure what people were expecting to happen straight away. Jumped in the last couple of days.
The resource will get over the 500 MT mark as a conservative estimate and with infrastructure so close and not having to battle BHP and rio as is the case in WA that's one less hurdle to overcome.
Having Phil Crabbe as chairman is also a big tick. Best of luck all.
MFE Price at posting:
17.0¢ Sentiment: Hold Disclosure: Held