MicroNova Laverton is already better than companies trading 40-50 million market caps even IXR which is at a 120 molllion market cap on ionic REE plays. The grades are excellent and the mineralisation excellent. It’s not about one hit high grade of 8000 TREO and mineralisation isn’t there it’s about thick mineralisation over many square kilometres and open in all directions.
MTM is just that thick mineralisation grades greater than 1000 TREO all the way to 8000 TREO across the mineralisation and open in all directions. Laverton is adding huge value and Laverton alone is worth more than the 14 million market cap it got sold off to today because traders sold the news without even thinking of what they were selling. This is going to keep in rerating on Laverton alone and Pomme next week is a beast of its own and already puts this at a 70-100 million market cap
On a side note if we get a nickel discovery this week of around 1 percent grade this is going to fly anyway. Dumbest selling you can get and bought more today
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Ann: Drilling Confirms REE Mineralisation at E Laverton, page-69
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Open | High | Low | Value | Volume |
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1 | 61224 | 0.049 |
3 | 84500 | 0.048 |
2 | 160000 | 0.047 |
1 | 50000 | 0.046 |
4 | 159444 | 0.045 |
Price($) | Vol. | No. |
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0.051 | 5520 | 1 |
0.053 | 96513 | 1 |
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