RE: Great news for #LEX in shallow depths, decent grades...17 Jun 2024 07:37
Why this stock is not getting the attention it deserves is beyond me except to say that small miners globally are having a hard time!!
1. The South Africa government formation is the best outcome one could dream of. The anti business ex elements of the ANC are excluded and the hopeless ANC rump has done a deal with the most business friendly parties, the Democratic Alliance and Inkatha Freedom.
2. Excellent results today from the drilling at Jennings Pioneer with near to surface gold.
3. Huge potential from the multiple other properties in South Africa to play for
4. Awaiting an announcement from LEX and Harmony gold about the Jelani Joint Venture which appears to contain 6mn oz of gold, with the LEX share at about 2.95mn oz.
And yet this stock has a market cap of 16mn pounds.... Unreal. I am still filling my boots, this is a no brainer.....