Drawing from previous comprehensive post from schueym99: http://www.hotcopper.com.au/post_threadview.asp?fid=1&tid=1319421&msgno=6049243#6049243
Leadership - jury is out and credibility is yet to be proved. Location - check. Logenvity of IO supply - check. Strategy - focussed on the core IO project. Partners - not yet. located well albiet too early for more advanced juniors/ majors to join forces(?). Infra - AGO/ FMG/ BRM JV options but nothing yet. Capital structure - tightly held, expect more so after EGM. enough cash on hand for current activities. Valuation - what is a 'typical junior' at this stage worth per tonne of IO at the quality discovered from samples to date?
So tough point and agree Nose that the question comes down to Mgt quality and credibility. That's all I have to offer short of further paraprasing other posts.
DMA Price at posting:
21.0¢ Sentiment: Buy Disclosure: Held