I had a look at the prospectus P31/32 - the Cavalier ground in question has outcropping greenstone (the companies next door are in the greenstone belt), and the aero mag shows the as yet untested greenstone belt which from the areal shot looks to be under sand/ cover. So to me this is more than nearology, it looks to be targeting a covered extention to the well known Forestania Belt (Western Areas, Forestania Resources, Classic Minerals) with enough to indicate a reasonable probability of success.
At a tiny EV of $3.6m I'm happy to place a few dollars here.
Get in now to avoid missing out on the Cavalier Resources IPO, page-4
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Last
28.0¢ |
Change
0.005(1.82%) |
Mkt cap ! $16.19M | |||
| Open | High | Low | Value | Volume |
| 27.5¢ | 28.0¢ | 27.0¢ | $2.925K | 10.62K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 29308 | 27.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.0¢ | 2827 | 1 |
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| Last trade - 15.53pm 17/07/2025 (20 minute delay) ? |
| CVR (ASX) Chart |