Not interested in PGE and Ni. Perfect example is GAL, which LRV even reference in the quarterly, They started drilling on the 6th of Oct 2021. (after 4 months of re-aligning their drill targets) Their big hit was on the 4th of May.
Between that period their SP went from 25c - 22c. That is a 7 month period, with no SP appreciation (regardless of the drilling and the preliminary results and the initial find of palladium) and they were pretty much solely focused on the Norseman project, once they smelt blood.
We haven't even got the survey results let alone identify targets or organise the drills to start. At least a year until PGE or Ni provides any relevant impact to SP.
Li & Ree fro Eyre, Cu from Isa are going to be the only potential catalysts for a re-rate this year.
Not interested in PGE and Ni. Perfect example is GAL, which LRV...
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47.5¢ |
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Mkt cap ! $159.5M | |||
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