I have read it several times and I have not been able to find SFR's current "Schedule of Mining Tenements". Can anyone help on this?
SFR has always included this schedule in previous AR's or at least since 2010 since I have been following them. It is traditional practice to include this Schedule showing pending applications and granted leases in mining company annual reports but it does not appear to have been included in this year's SFR AR.
There have been rumours and reports that over the last six months SFR has been securing large areas of the Yerrida Basin south of the Goodin Fault which have been relinquished by GTE.
If this is true it would signal SFR's intentions to expand exploration south into the Yerrida Basin which would also include those sections of the TLM JV tenements, which straddle the two basins.
As indicated in the attached diagram, this is a massive expansion of their exploration licences in what they believe to be an emerging VHMS Provence.
TLM Price at posting:
37.5¢ Sentiment: Buy Disclosure: Held
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