this is the proposed exploration program when they signed the option, if we compare to the latest one from the EGM presentation they are trying to fast-track the project, resource estimate could come as early as Q1 2024.
s/p at 12cps, the market cap is only $11.8m, and with drilling a known/proven carbonatite-hosted REE mineralisation + REE/Gold/Nickel potential from East Laverton, M/C should at least be $20-$30m before the drilling start, that is 20c-30c, if include the East Laverton assay (if it's outstanding one) then....
this is the proposed exploration program when they signed the...
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