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.
