If anyone of these happens, there’s a great chance of the market cap being £100m
A) Winston project annual free net cash flow
B) Wishbone VMS confirmation
C) Awkward conduit hit
D) Dotted Lake magnesium/ nickel / chromium (potential T1)
E) remaining Obonga exploration assets upside
CSE listing compliments the above.
Traxys hovering, anyone of those 5 triggers deliver it is company making, that’s 5 shots on goal
Winston - ore body size known, sitting at surface, continuity being proven, element content known and significant - recovery rates is the only unknown, but, will either be good or very good in all likelihood. It’s going to produce that is nailed on.
Then awkward and wishbone- strike and prove up the theory and pathfinder results - huge value.
Dotted Extrakt recover a reasonable amount of magnesium without the need for high cost high utility input, nickel unlocked both make Dotted potentially tier 1.
Rest of Obonga, looks very very interesting, but given 1 2 3 and 4 and I guess 5 - I’m not sure we even get there, that will probably be someone else’s prize post a very lucrative takeover.
#palm - it is a very good proposition for a portfolio transformative investment