thanks.
tightly held is an understatement. If you included Hancocks 4.5% the major shareholders hold combined 86% of the company.
At ~180 mill shares SOI there’s only about 20 mill in circulation.
if the drill holes turn up lithium it’s going to be interesting trading.
dis some further research and posco (major holder) and Hancock have done JV’s previously.
legacy iron ore (LCY) from the immediate tenament are about to finalise a JV with Gina. Interesting Gina has built a stake in JNO but not LCY.
LCY have 1.2 bill tonnes or ore, JNO 1.8 bill.
LCY / Hancock also prospecting the same mafic geology along the border where the ‘goldilocks’ zone lays.
I feel like there’s a bit at play here ..
the geology of Juno is mighty interesting. Might do another more detailed post when I have time.
I can’t believe this hasn’t popped up many radars
and iron ore + lithium play not to mention on an already granted mining licence from Juno…
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