Exactly this! A good lesson for me as I usually disregard quarterlies in respect to finding any new information. This will be excellent if the stars align and we can steam right ahead.
I got into LLI knowing full well about the timeline but the entry at 20m with the potential of that greenstone belt running through the whole tenement and just how fertile it has been for neighbouring companies.. The wait was a no brainer and for the information on hand, 20m marketcap was a very enticing entry point.
But as I have said all along, if WR1 has success with their drilling campaign (which they have and as if it's fate.. The strike is now running east down the greenstone belt towards us) then it would be crazy for management to not take advantage of market sentiment in the area and pivot to Trieste.
As always, nothing is ever a sure thing, you can only have a theory and go with it and hope it pans out.. Looks like it is and for anyone reading.. Don't sell yourself short.. Ride this and reap the rewards.. These early entry points rarely happen outside of IPO's
LLI Price at posting:
44.5¢ Sentiment: Buy Disclosure: Held
(20min delay)