Doodledog - MPJ Ann doesn't actually have the best map re Pilgangoora. Someone else mentioned that MPJ has best Wodgina exposure but MCT has the cake on that and largest landholding in the district. We have very significant holdings in both MPJ/MPJO and MCT (Top 10 in both) and have been backing undervalued players.
My point is that the Pilgangoora/Wodgina greenstone belt is VERY interesting and the market caps are very low considering the upside. Both MPJ and MCT have rock chips that are grading well in Li/Spodumene. (MCT Stannum is a rock throw from Wodgina - Ann 2.45% Li/Sp the other week)
MPJ, like MCT is also multi project based, so a nice derisk and opportunity to get lucky with Nickel in the case of MPJ and Zinc with MCT.
Look at DKO MC and we get an idea where we could be heading...
The MCT map is pre MPJ Ann, but shows a good perspective on who is who in the zoo.
MPJ Price at posting:
0.8¢ Sentiment: Buy Disclosure: Held