Just reading the AGM presentation again ( the last page is shown below) which raises a number of possibilities as a catalyst for a move higher:
- IP survey should be due soon -will possibly identify further targets for drilling
- they are in the process of converting the existing JORC resource to JORC 2012 standard- possibly will see an increase in the JORC resource
- it is mentioned they are looking to increase their footprint in the area - so further ground acquisitions are possible/likely?
- Given there are two operational gold processing plants in the area I wonder if the last section entitled "Opportunities" suggests a deal is possible to toll treat the Thalanga Oxide Stockpile and Liontown gold tailings
Seems to me their team have a number of fronts on which they could deliver news in the near term
RVR Price at posting:
16.0¢ Sentiment: Buy Disclosure: Held