Putting our newest drill hits into perspective with PMT's first few re-rating hits lets see the graph below with some of PMT's wonder hits which we have now replicated with Jamar.
Back in May 2022 PMT hit 70 meters @ 2.2% which saw PMT re-rate to over CAD$4.50 per share or around AUD$5.50 per share equivalent - we have roughly the same share issue register as PMT.
We have now hit more in hole 005 at 107 meters at 1.34% Li2O PLUS another 30 meter under that at over 1.08% Li2O for a combined hole interval of nearly 140 meters at a rough average of over 1.20% Li2O
In Sept 2022 PMT hit 160m at 1.65% which re-rate them again to nearly AUD$10 per share - I see our hole 007 is showing about 140meter interval of pegatite observation too.
In terms of climbing Mt Everest with our WR1 share price we are no where near PMT still - bear in mind we still have Cancet which will be one of the lowest cost and high margin near term mine possible imo. Also we do not have to contend with any bodies of lakes that PMT is looking to dodge around
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