STTCOMP OM1 FA LONG
Explorer in WA/NT and (hopefully soon to be) Canada.
SOI: 37Mil, MC: $7.52Mil, and Cash: ~$3Mil
The Company has entered an earn-in agreement to acquire the Lac des Montagnes Project, 540 sq.km of claims in the James Bay region of Canada, which is highly prospective for lithium and host to many decent mines and tenements, including recent multi-bagger WR1's lithium projects.
They're set to complete their due diligence on the project at the start of April, when we should know if the pegmatites they've encountered at the site do contain lithium and whether it's suitable for battery tech. Nearology alone is enough to make a punt on these guys (imo), but the presence of greenstone belts and muscovite in the area makes it a safe bet for me.
As mentioned, the land will be purchased via an earn-in agreement that will take 36 months to complete, which should hopefully stop the share price from being overly diluted by too many shares.
Pretty decent play if you're still looking to dip your toes in the current market.
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STTCOMP OM1 FA LONGExplorer in WA/NT and (hopefully soon to be)...
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