Make no mistake that this is a very important discovery, not only for Petratherm but also for South Australia and indeed, Australia. To discover one such deposit is rare – to discover two (the Petratherm team was heavily involved in Minotaur’s discovery of Prominent Hill) is bordering on unique!
I don’t think they purposely compared this to a multi-multi billion dollar mine owned by OZ Minerals and now BHP, unless they believe this is a potential multi-billion discovery.
Time will tell.
PTR Price at posting:
30.0¢ Sentiment: Buy Disclosure: Held
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