INR 3.57% 13.5¢ ioneer ltd

Ann: New, 2.5km Long Zone High Grade Mineralisation at Sth Basin-GSC.AX, page-5

  1. 8,066 Posts.
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    Yes there's a lot going on here. I definitely feel there has been a keen buyer over the last few weeks.
    Yes, I do think there HAS to be a capital raising soon but this sector is HOT so I think the buyers will absorb any selling.
    The market cap is a little concerning but I get the feeling that this resource could be really big!
    I'd love to see some aggressive drilling to shore up a resource and more testing outside of the previous drilled area but that will require money.

    Today's results were just rock chip samples from the southern basin. We will receive more results from the northern basin shortly. From the last announcement -
    "Surface rock chip sampling (outcrop and trench) over the zone of outcropping mineralisation at the north and south basins"

    A good way to pump up the share price prior to a C/R ? which will enable drilling and pre feasibility.
 
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