The thing that excites me about having Hancock as a Lithium...

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02/09/23

12:28

Post #: 69702778
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Originally posted by Liar: ↑

"Not sure if the fact NMDC owns 90% will be a good or bad thing for us anyone any thoughts?"
IMO
That is actually is making me worried,
it is quite obvious to me the major holder is not selling or buying in the last few years but some people with few hundred millions are dragging this done ,LCY shall not be traded under at least 4 c before MtCila gold mining starts, that block of gold has 900 mil value before expo cost.

I am not sure of the final intention and what would be like if NMDC & Han have already found big pegmatite in the back yard, they should have released the Lithium result.
SGQ Finding at Manat is at the east and north east of LCY Lease around 2 KM ,I believe chance Hank already log that area before speeding millions is very high....

From SGQ Ann 5th of July:
The thick flat-lying pegmatite at Manta is modelled by seismic data as a strong, 1,000m
diameter circular feature, with additional geophysics and drilling planned to test the
wider potential for lithium bearing pegmatites around Manta.

https://hotcopper.com.au/documentembed?id=uOMxKKzFkiWRTLKhOROKAxjvTDYL4gu7yRX1v%2BR%2B7rFiGug%3D

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The thing that excites me about having Hancock as a Lithium partner is we all know the upside potential could be high because they wouldn't bother for small potatoes!

LCY Price at posting: 1.6¢ Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

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