Ann: Significant Increase in Liontown Resource, page-34

My favourite small cap explorer. I believe it is undervalued substantially but the market clearly thinks otherwise at present. The VMS ore has over $450/t contained metals and drilling will, IMHO, keep adding tonnes. The current focus on gold and copper rich zones is important and if the feeder zones theory is further demonstrated by the current drilling the ability to accurately target more tonnes should be a huge boost. The ability to change the resource to gold or copper equivalent will be better than zinc which has no market traction.
The porphyry projects are impressive in their own right and could be game changers but will require significant investment in exploration and have been put on the slow track at present because the VMS deposits offer a clear path to resource increases and production.
DYOR Not investment advice