The REEs alone will see the share price lift to new all time highs as milestones trigger a rerating. But if you are here for the Nickel and PGEs, then we just need to let Dr Rob Stuart target the higher grade zones as the nickel price breaks above $A46,500tonne last night.
Nickel PRICE Today | Nickel Spot Price Chart | Live Price of Nickel per Ounce | Markets Insider (*.com)
Anything above 2% Nickel less than 100metres from surface will quickly make things interesting.
PGE results above are interesting too.
2km strike of PGEs - 4metres 1.19g/t PGE and 32metres at 0.46g/t PGEs....
If DM1 hits only lifts their grades a little in the higher grade PGEs zones eg ~30metres at 1.19-2.00g/t PGEs in the next drilling program that will be targeting the higher grade zones, similar grades to GAL below, GAL has a market cap of $173million, 10x higher than DM1 today.
GLTA DM1 holders, this is why a Polymetal Deposit like Innouendy is so exciting.
Ann: Exceptional Leach Recoveries of Rare Earth Elements at Innou, page-53
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Last
2.1¢ |
Change
-0.001(4.55%) |
Mkt cap ! $5.574M | |||
| Open | High | Low | Value | Volume |
| 2.0¢ | 2.1¢ | 2.0¢ | $14.58K | 721.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 497041 | 2.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.2¢ | 96096 | 1 |
View Market Depth
| Last trade - 15.50pm 10/05/2024 (20 minute delay) ? |
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Last
2.0¢ |
Change
-0.001 ( 4.76 %) |
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| Open | High | Low | Volume | ||
| 2.0¢ | 2.0¢ | 2.0¢ | 193310 | ||
| Last updated 12.39pm 10/05/2024 ? | |||||
| DM1 (ASX) Chart |