Not sure about that guys. I mean, they've already confirmed they have the right mafic/ultramafic rocks and they are fertile with Ni/Cu sulfides.
If LEG's next few holes are good (which I anticipate they will be), the market (and/or IGO) may determine that a 30m market cap for GAL is just too cheap. The sp could go for a run.
Some news such as visible sulfides from drilling at Lantern would obviously generate buying interest (they've been drilling for a couple of weeks now since 24/04).
GAL - Chart Thread, page-4
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Last
20.0¢ |
Change
-0.005(2.44%) |
Mkt cap ! $39.52M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.0¢ | 20.0¢ | $24.72K | 123.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 168600 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 62967 | 3 |
View Market Depth
| Last trade - 15.13pm 03/07/2024 (20 minute delay) ? |
| GAL (ASX) Chart |