Have been following for a while, bought some yesterday after announcement.
Looking for 47 in short term, although seems to be resistance at 40/1 area.
15m of nickel at over 2% is pretty good even though it was deep.
Market cap is $25million.
When Capricorn Resources hit similar deposit 5 years back they went to 70 million cap on only 40% share of the deposit. That deposit became Emily Ann in LionOre that was recently taken over.
Times have changed, as a few good exploration results from other companies have had minimal impact on their prices in the medium term.
Regards, noip Long since yesterday.
WSA Price at posting:
0.0¢ Sentiment: None Disclosure: Held