The drilling results EXCEED expectations given it has a previously defined JORC Mineral Resource Estimate.
Importantly, it's looking highly likely that the resource will increase significantly both in terms of size and grade. I'll be looking to Chalice Mining for their initial Mineral Resource Estimate of Julimar as a means of benchmark/comparison to Future Metals Panton project.
CHN ($2.4Bill) currently trading at 39 times the market valuation of FME ($62mill)! Either Chalice's Julimar discovery is an absolute monster 20-40 times larger than Panton, or the market is simply asleep to the true value of Panton.
Based on these results, I expect we'll be getting news-flow on assays all the way through to mid Dec, and they should be good.
Final note, now is the time to be buying FME, it's definitely not going to get any cheaper than this.
The drilling results EXCEED expectations given it has a...
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