RE: A win:win JV4 May 2023 21:12
Great posts guys.
The market loves a fully funded drill... Even without Japex the SP would have moved up into Q3 on anticipation. Now LBE not only has a Q3 fully funded drill but multiple fully funded drills over the next 3 years.
Even if only minimal funds had been clarified to cover Velocette, LBE would have been able to surpass the existing mcap. Now on top of that you have the excessive funding Japex brings for drills , the potential to fund production and new acquisitions.
It obviously won't go up in a straight line but IMO this will be much higher in in the months to come - DYOR GLA