This a good announcement. Hopefully this is the catalyst for a steady share price rise after a slippery last few months. As a first pass Geochem test, there results are exceptional and turning into significant drill targets. Anglo American will be following this news closely. I initially thought they would be an easy JV partner, but IPT should go for this alone. I'd put the (underexplored) SW Yilgarn as a Ni-Cu-PGE terrain and I am pleasantly surprised by the Lithium!
A8G, which Impact hold $100 000 of shares at 10c has really flown on Lithium news. Currently worth $350k. This could fund future drilling.
Hopefully we are primed with some good steady news flow till Christmas:
1. Arkun follow up results (field checking in progress)
2. Doonia drill program (excited about this). Follow LEX news.
3. Broken Hill JV with a major player?
4. Sell Commonwealth? ALK?
GLTAH
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- Ann: Outstanding Soil Geochemistry Results at Arkun Project
Ann: Outstanding Soil Geochemistry Results at Arkun Project, page-9
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