With the proving of the resource that has been taking place,...

  1. 341 Posts.
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    With the proving of the resource that has been taking place, combined with the proximity to a massive drilling investment by Rio right up to the fenceline, the resistance ceiling of 2.0c that got tested a few months back should be broken through at least, and become a new support level. Currently bouncing back from tests of 1.8c is crazy IMHO. Anything accumulated below 2.0c is an absolute bargain, and 2.0 to 2.5 currently fair value with HUGE upside.
    I wouldn't upramp to 3.5c in the very near future, but 2.5 is very attainable and sustainable, with further upside dependent on DFS --> BFS, or bid by neighbor... Both very attractive, and both very realistic pathways.
    Last edited by Shortfusepsb: 28/06/22
 
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