Yes it’s a big % increase but in value terms in comparison to...

Yes it’s a big % increase but in value terms in comparison to what this could be worth if they hit lithium close to the size of the search area today’s rise is nothing.
NMT came from 2cts they have 14% of Mount Marion and 540m shares on issue how does Hannans search area compare in scale to Mount Marion?
Hannans have some 1.7 billion shares issued if you include the share options. I think it’s not just the fact Hannans are about to drill that’s driven the rise but also the plan they issued that shows the scale of the search areas to be drilled, if they find lithium on that scale what value might that drive.
You may well see a correction that lets you in at a better price but if there’s the quantity of lithium in keeping with the search area Hannans share will rocket from here, Loop.