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Petratherm shares rocket like a comet on REE strike

DRILLING by the low-profile, Derek Carter-led explorer Petratherm has delivered the company a promising, high-value rare earth discovery within its Comet gold project in South Australia’s northern Gawler Craton, sending its shares rocketing this morning.

Haydn Black
Petratherm completed drilling on a 400m by 400m grid late last year

Petratherm completed drilling on a 400m by 400m grid late last year

The stock soared to some of its highest levels in a decade, peaking at A19c early in the session, up from its previous close of 6.5c. The spark for the excitement were the results of some co-funded...

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