For reference, this was the discovery hole that turned SIR from a $18m MC company to the company that merged with IGO at a $1.8bn valuation. It doesn't take a lot of width to be a significant discovery. Albeit, 4m is double the width of the hole we just dug up at 2m. In any case, this is a similar depth. Further drilling will be telling.
For now, we can expect a continuation of a strong rerate on the SP.
For reference, this was the discovery hole that turned SIR from...
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Mkt cap ! $6.04M | |||
| Open | High | Low | Value | Volume |
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