I just don't understand the geology of the project. Serbia!!! having seen many Australian companies go to this type of country on to fail. not many succeed unless you're a RIO, BHP with loads of cash.
What about JDR management? Do they have a proven record? past projects.
You mention news flow. What updates are you expecting in the near future? They haven't put a drill hole in the ground so there could be nothing there at all.
Also, JDR has only had 2 green days in the last 2o days trading.