LYN 5.66% 25.0¢ lycaon resources ltd

Ann: Minister Grants Consent to Mine, West Arunta PoW Lodged, page-16

  1. 3,851 Posts.
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    So market sees positive metallurgy work from WA1 and remembers LYN will be drilling in the same area shortly

    At a $13m cap with cash in the bank already to fund the drilling it's worth a punt.
    If LYN hit anything on their first drill program it's instantly moving 500-1000% from here (imo), if they miss then they'll just drill again and we'll be diluted in the next raise.
 
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