OM1 0.00% 7.8¢ omnia metals group ltd

Different vendor. I think though I m not sure the power...

  1. 621 Posts.
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    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.
 
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