To me, this one is long term. They need to drill at least 400m deep for Ganymede and 600-700m for Jupiter west Deeps. This is going to take time, we will probably drill only 2-3 holes a month. Add the backlog at labs, I wouldn't expect quick results.
But, at these grades, I'm confident any decent hits and subsequent resource increase would rerate the market cap real fast.
CST Price at posting:
25.0¢ Sentiment: Buy Disclosure: Held
