RE: Zak Mir, 10p target2 Oct 2025 11:51
My thoughts and lots of reading, is that they will firm this up with solid objective data. They may raise to drill, they may not. That doesn't bother me, as long as the data is there. However, I do not see this being around long enough for that. Once the ground-based geophysical survey is complete, then one would expect it backs up what they know from work already done.
If so, this is a very cheap target to buy out at its early stages, as the infrastructure is there to make it very lucrative over the coming years. I have a target in mind of 20+p, but that is purely based on my thoughts of what it may be worth to an early player. That said, if results come in well, and they drill themselves with a bit of money they raise, it could be a lot more. Again, just my thoughts and that is why I now hold exactly 1m.