Hi TTC,
First of all, thanks a lot for your posts which alerted me to HEM initially. I like the prospects here, & im extremely bullish on HEM long term.
I started hunting around for the next potential HEM. I bumped into LCY, i did a bit research myself, but not entirely convinced about the grades & prospects there, so would appreciate if you could come up with your thoughts.
My initial thoughts:
1. Currently negotiating JV to fast track Pilbara IO tenaments (see anouncement on Oct23). Mentioned about being close to majors, map attached in latest quarterly. Some rock chip assay results were in Jun29 announcement, I think they were only average grades.
2. Nov5 announcement on Lyons River IO tenament. Some encouraging grades but high avg level of P. And i guess the location is not as good as Robertson Ranges.
Many thanks.
Disc: hold HEM, not holding LCY yet
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