Potential incoming news!!25 Mar 2024 11:24
Potential catalysts to achieve improving share price.
Government grants or cheap loans to facilitate, drilling, research, construction of a demonstration plant.
Even better grades discovered in the most recent drilling program.
Discovering something other than Titanium that is economically advantageous.
Buying by BOD or current major investors.
Positive news from laboratory testing.
Indication that processing the ore, is relatively straight forward, and high quality products can be produced, at a healthy margin at scale.
Australian government highlighting Pitfield as a possible major producer of a critical mineral, stating its desire to aid production and processing. Even including being a producer of Titanium metal. Think Aus/ US / UK defence contracts.
Australian buying on rumour/talk of any of the above.
Institutional buying, if there is a strong route to market proven.
Industry buying, getting an early foot in the door.
News on Century Metals, swapping their 30 % of Pitfield for equity in Eee. Thus simplifying any future negotiations.
J.V with industry heavyweight.
Early takeover attempt.
Sellers run short of stock.
Sustained buying on any positive news flow, especially as the project gets wider coverage.
Remember all incumbents in this space want this to fail, expect misinformation and dirty tricks.
We have a massive resource, IF/WHEN it is proven or otherwise to be economically exploitative will determine if the SP slumps to 1p or soars much much higher.
I consider the potential reward currently outweighs the risk, considering the team that as been assembled and their reputation/ track record in the industry.
DYOR GLAH.