LYN 1.75% 28.0¢ lycaon resources ltd

Ann: West Arunta Key Land Access Agreement Signed, page-8

  1. 104 Posts.
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    It seems it’s a bit early for a sustained run. But yes, we have everything that WA1 has to tell us that there could be another globally significant Niobium deposit. The gravity and magnetics match, the shallow drilling proves it has the right carbonatite geology, and it occurs next to the convergence of two faults.

    I got luck enough to get in at just under these prices. Not at all worried about the sp. If it doesn’t change much before the drill, I’m happy to hold until results for a possible 10-20x on day of results.
    Last edited by MinerBrad: 28/12/23
 
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