Different vendor. I think though I m not sure the power substation is located at the 3 road intersection in the picture in your link. Our tenement is after that 3 road intersection.
I had a look at the link that Westy9 provided, the size of each of the 23 pegmatite outcrops on the Senay property are massive.
The issue for us now is whether there is a good percentage of lithium there.
So I skimmed through the initial announcements about acquiring this property again. Wholly Molly, the option agreement is expensive. After paying all those cash and shares, we have to give 3% royalty on all minerals we mine in the property to Canadian Mining House. Although we can buy back 1.5% by paying them $2 million cad.
I think CMH made an error in that they didn’t know about the massive outcrops on the Senay property because the Canadian government only updated it in November last year. So I wonder if they would cancel the option agreement.
- Forums
- ASX - By Stock
- Ann: 2.3km Outcropping Pegmatite Target Identified
Different vendor. I think though I m not sure the power...
-
- There are more pages in this discussion • 109 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add OM1 (ASX) to my watchlist
(20min delay)
|
|||||
Last
7.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.550M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
OM1 (ASX) Chart |
Day chart unavailable
The Watchlist
AHK
ARK MINES LIMITED
Ben Emery, Executive Director
Ben Emery
Executive Director
SPONSORED BY The Market Online