RE: info only5 Sep 2022 16:30
Remember the same thing being said when OMI was around 3.5p ahead of the phase 1 option period.
It's practically 20 x bagged, opened up around 50% higher at about 5p and closed the day around 8p+ from memory, it then moved to 12p the following day, then 18p, then 22p then 27p the 32p all the way up to 40p.
That was just on an 'option' RNS.. lol.
If the JV is confirmed, this is now the real deal as the Majors are committed to driving ANZA and see AS A MINIMUM c.5 Million oz of Gold within licence or else they wouldn't be here.
5Million Oz of Gold for sub 100m market cap is a bargain
With Two global Majors on board putting up a minimum $20m spend and likely significantly more to come its an even bigger bargain
So to be able to get in at 25m market cap is incredible imo.
Very happy to let this once play out over the coming weeks and months as the newsflow unfolds.
GLA.