they do mention Cygnus some times - but yes they’re pumping...

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Timkerr

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22/01/23

11:43

Post #: 65816606
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Originally posted by triage: ↑

Who is actually on the ground managing the road construction and drilling campaigns at Pontax? Stria or Cygnus?

When Cygnus talks about the work being done they make no mention of the operator being Stria or that Cygnus currently holds virtually no ownership of the project. In fact Michael Naylor commented that Cygnus had done to Pontax in a few months what previously had taken 15 years to do and he was also quite dismissive of the limited scope of exploration that had previously been carried out there, presumably by Stria.

In contrast Stria quite actively chatters on about the current work program, often with no mention of Cygnus or that all this current activity is entirely being driven by Cygnus, and no recognition that most probably Stria will end up with only 20% of Pontax.

Not sure whether we're witnessing a ménage à trois or a cuckolding here ... Anyway sooner of later, what with NAL about to go back into production and Corvette looking to be THE lithium discovery of the decade, I guess Canadian investors will start chasing local lithium stocks like Stria with some exposure to Quebec lithium. So even Stria shareholders should benefit from all the attention Cygnus is giving to Pontax.

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they do mention Cygnus some times - but yes they’re pumping their own tyres aggressively

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they do mention Cygnus some times - but yes they’re pumping...

Core Lithium narrowly beats guidance on FY24 spodumene production but 1Y returns still shattered

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High-grade lithium zone extended at Patriot's Corvette project, drilling grades at 5%

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they do mention Cygnus some times - but yes they’re pumping...

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Core Lithium narrowly beats guidance on FY24 spodumene production but 1Y returns still shattered

Rex Minerals soars 60% on $390M Indonesian buyout deal from MACH Australia

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White Cliff gears up to explore expanded Nunavut Cu-Ag-Au project in Canada

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