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 $173million, 10x higher than DM1 today.
GLTA DM1 holders, this is why a Polymetal Deposit like Innouendy is so exciting.
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No. | Vol. | Price($) |
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1 | 55611 | 0.017 |
2 | 237560 | 0.016 |
4 | 2500066 | 0.015 |
Price($) | Vol. | No. |
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0.020 | 49628 | 1 |
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