This announcement didn’t seem to excite the market, but you cannot argue SCN is wasting any time. It is quite amazing in under 12 months of taking over this tenement they are in a position to SCN is in this position to start a conversation about a JROC. Personally, I don’t know of any sub 25M MC on the ASX that have completed 3 drilling programs with another one scheduled for Q4 2023.
I understand this isn’t a JROC but I have full confidence with MF’s knowledge and experience within the Lithium industry he wouldn’t be wasting his time exploring this area if he wasn’t certain there will be a sizable JROC in time to come.
MF has a track record of taking sub $25M market cap companies and turning them into something much more. The part that gets me the most excited is the current modelling is only based on 35% of the existing mineralised trend. Companies have been exploring this area since 2018, I am sure MF has been studying those drill logs and will sniff out the spodumene. GLTAH
SCN Price at posting:
5.9¢ Sentiment: Buy Disclosure: Held
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