Also bought more (90avg), so overweight its not funny, yet I still dont see many better RvR plays atm. joined Mickvp on one of his but thats a long shot.
I expect drill announcement pior to AGM. Only because that is what I would do. More topics to cover post RS.
My simple roundup as we stand;
Cancet at a minimum is 3mt with good grade, 1.5years until environmental's are complete on the grade 3 land (Thats good), and with current Lithium/security thematic playing out I dont think licence will be an issue. A conversation point at the RS was Cancet main dyke value atm, and comparisons were used in relation to Core.asx and DSO. Cancet to be mined would be less that 500per tonne, selling for $1000, valuing Cancet at 1.5billion.
We know this 3mt is just for the 600m strike. We all can surmise/assume that the strike continues east and west with a parrellel dyke. Law of averages for this strike if located would suggest it would be mineralised. Everything else is in that region. Beyond this strike and parallel dyke, we have 20 odd pegs identified from feet on the ground, not yet increased in size with lidar or gravity. These pegs are west of big brother PMET along the same frigging Greenstone Belt. Once Gravity and Lidar are completed I can only imagine the potential MRE after RC drill rigs hit these explorations pegs. We already know one of these has 60m of peg (Yet to be proven as mineralised for the ASX guidelines)
Cancet alone has the making of a tier 1. Then comes Adina and Jamar.
I have convinced myself that I am holding a billion dollar plus company. So ill be holding my millions plus shares and still buying as i write, until we hit $10. Hope to see you all there as we progress.
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53.0¢ |
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0.020(3.92%) |
Mkt cap ! $114.6M |
Open | High | Low | Value | Volume |
52.5¢ | 53.0¢ | 50.0¢ | $248.8K | 482.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 17560 | 52.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
53.0¢ | 7263 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 17560 | 0.525 |
1 | 40000 | 0.515 |
2 | 101500 | 0.510 |
4 | 43885 | 0.505 |
1 | 9984 | 0.500 |
Price($) | Vol. | No. |
---|---|---|
0.530 | 7263 | 1 |
0.540 | 10000 | 1 |
0.545 | 17000 | 2 |
0.550 | 10000 | 1 |
0.560 | 10000 | 1 |
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