Just going by the November 29 announcement regarding Dynasty trench results, the CEO commented that drill results are expected to be returned within 1-2 weeks, with results to feed into the Dynasty Resource update planned for mid-2025.
Going by that, we should be hearing something any day now. Ofcourse, Christmas is close so you never know if we get any lab delays.
We certainly need something to break this slump in our shareprice. Otherwise it might be a case of waiting to see if explorer sentiment changes in 2025.
I am pretty optimistic of Dynasty JORC Resource being upgraded to minimum 4m Oz mid 2025. With the cash now in hand, there should be minimal delays on the Dynasty JORC upgrade with drilling being accelerated. We should also see some results from Linderos early next year from Gina's subsidiary.
We are in a far better position right now than we were a few years ago yet our market cap has been reduced considerably. We now have significant cash in hand, a 3m Oz Dynasty JORC Resource with imminent growth and Linderos JV de-risking.
35c has to be close to the bottom but the market clearly can be irrational so let's wait and see.
TTM Price at posting:
36.0¢ Sentiment: Buy Disclosure: Held
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