Exploration Permits August 22, 2016, MMS applied for their exploration permits and said they should have them by Nov/Dec 2016.
Later court proceedings started...
to refuse the applications for exploration licence made by MLi
Oct 13 of this month this legal matter has been resolved and released
..." ..."Macarthur Minerals anticipates that the Pilbara exploration licence applications will commence granting within a few weeks following execution of heritage agreements. This allows the company to commence exploration activities on those tenements..."
All you geniuses who are placing importance in the stock price behaviour which supposedly reflects on MMS management, IMO, are White House Morons.
We will move when we get our exploration licences. ARV moved because they have theirs. Novo still need theirs and we are at least a year or 2 ahead of them.
The difference between the first attempt at getting our exploration license and now is that since the last attempt the Pilbara now has gold fevor and MMS has increased their Li tenements.
MMS will move when the off take iron ore agreement is announced, when gold is found and when Li is drilled. No amount of chart gazing or crystal ball analysis will work. Fundamentals will move this stock and it will start with the NR that we have our exploration permits.