Word is that Hancock are drilling to the west side of our General Purpose Tenement, anyone know how hard it is to convert that into an Exploration Lease ???
JNO hold all the cards here.
Biggest established camp site.
All the water tenements in the area.
Direct Shipping Iron Ore.
Prospective Lith ground.
They also have access to road that Hancock needs to access to their more western tenements.
If we were to strike lithium this is going to be way to tasty for a big player (Gina)to ignore, given we are 88% top 20 held she will need to pay BIG.
Even if we don’t right away we have plenty of cash (4Million) to have a few more cracks.
Big few months ahead.
Watcher / research, page-35
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