Lacklustre reaction to news that all four recent drill holes at Spotted Quoll had exceeded expectations with significant widths of high grade, high tenor nickel sulphides at shallow depth. The continuity of high-grade mineralisation intersected to date confirms the potential for a major nickel deposit at Spotted Quoll.
The 165 bids in the escond pre-open today confirms broker accumulation - would not be surprised in a takeover offer within the next few months (seriously).
WSA Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held