RNS Analysis4 Jun 2026 13:29
Another week, another GEO RNS.
As I said a couple of weeks back, I feel we’re entering a news rich period, and the SP has reflected that.
As for the latest RNS, firstly, it’s another step forwards on the “de-risk” scale…this is huge part of being successful as a Junior Explorer / Miner.
Second thing of note, we are ahead of schedule:
- LiDAR completed
- Airborne magnetic/radiometric survey completed
- Field work progressing rapidly.
- Impressive eye catching grades and historical intercepts confirmed.
This shows GEO is working efficiently and meeting targets. Markets and PI’s like this.
As some may know, drilling is usually the first major valuation catalyst, so my fourth, and major takeaway from the RNS is that all this work is a classic case of feeding into a maiden drill programme. The geophysics, mapping and reconnaissance are being used to rank and prioritise targets before drilling. I love this, it again highlights the clear plan the team has, but I’d expect nothing less from Callum and his experienced team.
It’s still early days, but it’s another positive RNS, something that continues to feed my theory that Callum knows there is something of significance in the ground, and he’s has teamed up with GEO to bring it to the surface.
As ever for me, it’s still a case of HOTU…hold or top up people. Oh, and don’t forget, this years hot commodity, Oil, we still have news to come on, a further de-risking element for GEO.
P.s.