Punting on there being high grade commercial quantities, although only using shares is a smart move. If they find nothing, only costs us 4m shares.
good to see the new chairman’s first move is to try and expand our IO resource and right where we are.
be nice to actually drill the damn thing. It’s been a long time since the first Ann of the 70% deal.
cheers,
ned.
Ann: SCN: SCN Accelerates Pharos Iron Ore Agreement with FEX, page-2
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