A couple that I'm in are scratching around a bit at the moment, but are worthwhile revisiting on a long term basis.
AVZ ... the mother of lithium deposits ... the Lithium sector was sparked recently by PLL's deal with Tesla. Travel restrictions in the DRC have been relaxed, which should see them finalize contracts with the government to increase their ownership percentage in the project. Offtake agreements for either lithium or tin could drop at any moment, with AVZ's focus having been on Europe more than China over the last year. Currently drilling in an area that wasn't accessible before, which should result in a sizeable increase in their resource. Triple bottom, or inverse head and shoulders, pattern is complete ... with resistance up ahead at 10.5 cents.
BPH is widely expected to receive NOPTA approval to drill PEP11 sometime in the next 30 days, especially with the Government pushing so heavily for gas projects. Strict environmental conditions will be applied ... you just need to look at the recent approval of the Narrabri project. Huge volume accumulation is going on at present in anticipation of the approval. In specie distribution expected shortly from MMR. There will be a massive pump on this thing (I expect this to be a twitter special), and you only need to look at 10 years ago, the last time PEP11 was drilled, to see how silly things could get. Keep in mind that 10 years ago the "smart money" departed the scene about a month before the spudding. They found no gas the last time around.
MAG ... a chart only a mother could love. Explorer in the Lachlan Fold Belt ... top quality, proven management on board. The first couple of holes drilled were feeling the deposit out, and getting a better understanding of the land. They have reached the point where any of the next drill holes could be the company maker, with assay results due by the end of the month. If the resource is there, these boys will find it. Patience required.
My two little copper plays in EM2 and NWC are setting up very nicely. Again, just let the boys do their thing.
VTI sells daily disposable contact lenses that address Myopia and Presbyopia. A lot of money was spent developing these products, but VTI has now reduced the cash burn, with large increases in sales expected from this quarter onwards.
VXR will become a producer within the next 18 months, and heavy accumulation has been ongoing around the current levels. Targets over the next six months will be 15, 20 and 25 cents to start off with.
VML will be the world's next rare earth producer. A bit of profit taking today sees a nice buying / top up opportunity.
DOU has run hard recently. IP1 is widely expected to be the next tech runner over the next six months.
