Short Term Trading Weekend Lounge: 8th - 10th Apr, page-199

  1. 12,115 Posts.
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    STTCOMP KSN, FA LONG
    Market cap 2m, cash 400k.

    A lithium play in NT who has recently acquired three leases... Nothing much to add really other than the 2m market cap which is the smallest in the whole sector... However, this paragraph from the last announcement may have some significance:

    In March 2016, Kingston undertook a reconnaissance field deployment to the three new tenement applications to meet land users, assess access and determine the most effective exploration techniques which could be applied in the area.
    Extensive pegmatites were found to outcrop throughout EL31212. The pegmatites within the tenement vary in width (from <1m to 40m+), orientation and composition.

    Cheers and all the best
 
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