A 9.5 million MC is an absolute micro base from which to launch the SP with exciting results. The heard is looking for the next WA1, and if it swings in this direction, the upside will be teeth shattering. Take another REE play - DRE for example. For memory that ran to about a $400m mc on REE exploration activity at Mangaroon, which is a cool 40x from our current mc.
WA1 is a whole different beast again.
So, is this the next one? I'd rather be in than out at this point.
A 9.5 million MC is an absolute micro base from which to launch...
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