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
18.5¢ |
Change
0.010(5.71%) |
Mkt cap ! $36.56M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 18.5¢ | 17.0¢ | $25.65K | 147.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 103472 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 62994 | 2 |
View Market Depth
| Last trade - 15.33pm 02/08/2024 (20 minute delay) ? |
| GAL (ASX) Chart |