This company is worth watching. It is entering a potential value...

This company is worth watching. It is entering a potential value inflection point, supported by several near-term catalysts. These include the commencement of drilling at Rocky Ridge, pending assay results from Tampia West, broader sampling activity, and upcoming exploration access and drilling at Three Springs. The potential for new project announcements also adds speculative upside.

Among these, the drilling campaigns are likely to attract the most market attention, with any positive results expected to serve as a significant catalyst for re-rating the share price.

With a market capitalisation of just $7m and a cash balance of $1.3m, the company remains tightly held and financially well-positioned. It has demonstrated prudent capital management, as highlighted in the latest quarterly report, spending has been conservative, with directors receiving only $22k for the quarter.

The share price has shown early signs of recovery in recent weeks, accompanied by a gradual build-up in buy-side depth, potentially marking the beginning of renewed investor interest ahead of a busy period of news flow.