Yes the Saudis will now want to get that MOU into a binding agreement ASAP. Whether JV or anything else.
After this announcement SRN will have brokers, fundies and other overseas companies wanting to get involved with SRN for funding and offtakes.
What I like about this company is with all the focus lately on the negative lithium sentiment, SRN does not get affected.
If anything it will get more insto's focused on the next big thing. SRN has a lot of products apart from vanadium in one deposit, and so far HPA element has not been added yet on the PFS outcomes.
So SRN is not just a hopeful with a couple of holes in the ground. They have advanced the company enough to be recognised by one of the biggest companies in Saudi Arabia, that want to get involved with them. So I would think this would get most analysts wanting to know more about SRN and how they can get involved..
SRN Price at posting:
1.1¢ Sentiment: Buy Disclosure: Held
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