With the great drilling results to date and more to come, we should get a new JORC by the end of the year. This should trigger a rerating and more interest in the business.
If we can go to 20 million tonnes at 12% zinc eq, then we have found something very very special.
But the X-factor is if we snag a new hit from one of the other targets. We might have a new ZINC province and own the best land already out there.
If we hit two areas from the other targets, hold on to your hats. Nothing but upside.
The low downside, high many multiple upside, and Sandfire know it!!!
WRM Price at posting:
1.1¢ Sentiment: Buy Disclosure: Held