1sun.
Core lithium, 4 years, ago was 30m cap. Now 1.7b
4c > 92c. Peak $1.88.
De grey, 4 years, ago was, 12m cap. Now 2.2b
3c > $1.36.
Chalice, 4 years ago 40m cap, now 2.2b
20c > $6
The above show good deposits show serious gains and it is 4 years for the effect.
Spq just has to get, either bottletree, phantom, whyandotte, cockie creek, dido or big mag home.
Deg, cxo, and CHN had one flagship project each, versus spqs 6 or so.
They also got those gains in metals sectors without serious supply issues, it was project only.
So anything big in copper, not just Spq in 4 years has the potential to easily shift from 20m, 50m, 100m cap to 2b to 3b.
I bet if we look back at this post in 4 years, esp if the world is screaming for copper what I think will occur.
Proviso - Spq needs 800m tonnes cu @ 0.25% min or the nickel eqivilant.
I did buy cxo at 6c and deg at 3c as I saw the resource potential.
I also got it wrong on asr and far in the oil as proof I can be wrong too.
But reasons exist there for loss. David will know on one, which was hopeless with doing there job exploring pretty top ground very wrongly.
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