I think it will re-rate strongly on confirmation that there are lithium bearing ores in the yet to be drilled expansion areas of Cancet.
Till then I can understand it’s too speculative for many
potential investors.
Right now we know there’s approx 3-4MT from prior drilling and the recent drilling supports this.
3-4MT is not a company maker though.
It seems like at least 10MT puts a company on the map.
We know the exploration target is 15-25MT but this is an estimate only.
Within a 1-2 weeks time we will likely have visuals of extension area drill cores - if there’s similar significant spod in the visuals,I think we’ll see real upward price movement.
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