Sunshine Managing Director, Dr Damien Keys, commented
“We have already completed a mountain of work at Liontown and are only just ramping up.
The infill RC program is complete with all samples at the lab, and an extensional diamond drill program is underway.
In addition, low cost/high value add activities include a mix of metallurgical studies and historical core sampling which is ongoing.
Results from all programs will be reported throughout July and August and importantly will all feed into a Resource update/upgrade in the December 2024 quarter.”
Steady as she goes for SHN as the backdrop moves in our favour with the rotation of overpumped tech money into commodities stocks, gold price above $2400 USD, weakening DXY (great for commodities plays) and a rate cut being priced in by the market, makes for a bullish scenario not seen in commodities since the last liquidity pump of Q1 2020- Q2 2022.
Damien is partaking at the pizza and pitch at Noosa conference next week, Tuesday night I believe.
SHN Price at posting:
1.4¢ Sentiment: Buy Disclosure: Held
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