I'm sorry?? Derisked, under 250m shares fully diluted,...

I'm sorry??

Derisked, under 250m shares fully diluted, exploration funded, heavily discounted Li initial exploration at Moolyella, mining 2nd fortune shortly through a profit share agreement with Pybar. This will likely fund further exploration and lead further joint developments.

First placement was low at 2.1c, 2nd was at 4c, roughly halving the dilution for effectively the same capital return. Might not need another placement at all at this stage. Furthermore, the 2nd placement was heavily oversubscribed at 4c.

To me, it looks like there is a lot of blue sky for those patient enough to weather the little tea cup storm. Accumulators back in the game as another poster mentioned. This might continue for a little bit as it did prior to the leg up.

Very undervalued in my opinion and I intend to pick up a few more, averaging up as this accumulation phase plays out.

My only concern is that JD doesnt have a heap of skin in the co, I would like to see some more, which I think would spark a few more buyers.

DYOR.