STTCOMP LRS, FA LONG
MC 8m, cash 900k plus receivables and 6.8m listed investments.
Lithijm and cobalt with approx 1m EV at 0.4c.
Short and sweet
1. Lithium play in Aregntina with almost 100,000 hectares of lithium pegmatite projects.
2. High grade interceptions of 2% plus lithium
3. Lan Luis (one of the projects) has over 7.5kms of know strike length.
4. High potential for multi million tonne high grade deposits
And they have applied for cobalt:
This will provide a serious kick if successful. The three licence applications adjoin the King Tut Mine which was a cobalt and gold producer with average grades of 1.3% co.
As always buy sell or hold based on individual risk appetite. I hold a few.
