Recent Drill program targeting Vanadium in WA. Results from first 12 holes returned above expectation. Results from remaining 24 holes expected in coming weeks with a JORC resource to follow. Low MC compared to peers. No debt. Sufficient cash for next 2 quarters. Less than 25 mil tradable shares with a tightly held register.
If coming results can match or exceed initial holes, they will have a world class resource. Vanadium prices also in a long-term uptrend with a looming supply deficit.
Eventually a TO target but short term price catalysts are drill results and a JORC resource followed by plans for a infill drill program.
ST target 50c.
