CY5 17.9% 6.6¢ cygnus metals limited

Ann: Rock chips expand known lithium mineralisation at Pontax, page-53

  1. 2,385 Posts.
    lightbulb Created with Sketch. 739
    LRS maiden MRE of 13.25 Mt @ 1.21% Li2O released late last year only included drilling results from Colina (no Colina West) and 11.17 of the 13.25 was inferred rather than indicated. This will soon by upgraded to a higher indicated component and also include the Colina West and the bits in-between. There may be some expectation built into their market cap.

    This bodes well for CY5.
 
watchlist Created with Sketch. Add CY5 (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.