The road to 30p+26 Oct 2025 13:24
The last seven trading have not been great, but with batteries recharged let’s look forward to the week/s ahead.
We still have several ‘catalysts’ which should propel the SP over the next eight weeks leading up to Christmas.
The percentages shown are the boost we will get on day of RNS release (IMO):
- TAM drill results for 71, 72, 73 & 74: +10 to 20%:
This RNS should land in the next couple of weeks
- CIPA signed-off: +20 to 30%:
It has been suggested by a couple of investors that we will not see this before November 16th referendum. If this is the case we may have to wait until late November – early December.
- Explore Co news: +20 to 30%:
DV has stated this subject is getting sorted in Q4. However, there has been no mention of the subject in recent DV social media posts. Will we have to wait until the courts rule on the levy subject?
-TAM PFS: +20 to 30%:
I discussed this subject with an investor who suggests that we will not receive PFS, but PEA which should suffice for permitting. With the drilling programme at an advanced stage we should see this before Crimbo.
-Referendum: +10 to 20%:
If Noboa wins (16th November) it will make projects like Cascabel easier to advance, with more centralized decision making (avoiding local vetoes). Also, the framework could assist with private & foreign investment, with fewer legal hurdles for the mining sector.
We may also see:
funding announced from export banks.
Resource & reserve update for Cascabel (can they boost the M&I resource recovery @ Alpala from 18% to 20% considering spot prices and tweaks to mine plan).
Bid (following the issue of CIPA).
The third & final $33m streaming tranche.
The start of Alpala portal development.
Lots to look forward to.
GLA.
Sign In
Follow the stocks
