@ColonialCousinjust realised that my tip re SCI was missed as I...

  1. 57 Posts.
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    @ColonialCousin
    just realised that my tip re SCI was missed as I had SST in the tag line instead of STT. I've now fixed and will delete the original post when the tip has been picked up. btw great work with the STT threads, have a great week.



    STTCOMP SCI FA LONG


    MC - $6.95M

    SOI - 386M

    Cash -at least $1.5M

    SP - 1.8c

    Top 20 - hold around 44%


    On 29/7 successfully raised $1.5M (to sophs and instos)

    Cap raise at 1.5cps

    Share price has since held its own, I expected it to retreat back to 1.5c and surprised that it didn’t.

    Map below shows proximity of the Wellington prospect to BODA (just 15kms away)


    On 21/7 SCI announced the acquisition and settlement for the Wellington Project (EL 5852).

    The Wellington Project is a highly prospective copper-gold exploration package in the Lachlan Fold Belt, NSW. It is strategically located in Australia’s largest porphyry province and circa 15kms south of Alkane Resources’ Boda Discovery.”


    From the recent Quarterly,

    https://hotcopper.com.au/data/attachments/2348/2348999-150b8ba9d429f1a54864bf750cc496d3.jpg

    https://hotcopper.com.au/data/attachments/2349/2349003-3bae7c82c6b9a88eddfc4fdda0e8f6bb.jpg

    SCI has said that funds raised will go towards the exploration program. Details are now needed and hopefully won’t be too far off.

    https://hotcopper.com.au/data/attachments/2349/2349016-b74b5003ae345d6a9d413e7cae514321.jpg
    Last edited by Mined_Set: 17/08/20
 
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