It seems the second MOU has not changed the timing of formalising agreements with the potential Saudi partners so expect something near end of June '24.
Metalurgical work completed but will do some more along with some more drilling of the deposit. It seems that SRN may combine with both Saudi groups looking at investment in SRN, investment in Victory Bore, joint operations at Victory Bore and joint operations in Saudi Arabia and off-take agreements. Also progressing permitting requirements. It feels like the SRN crew have a large amount of work in front of them however the goals are very clear aand getting nearer.
It would only take a few key announcements to get this to a $250m market cap.
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