STTCOMP TYX, FA LONG Cobalt explorer in US & Gold explorer in...

STTCOMP TYX, FA LONG

Cobalt explorer in US & Gold explorer in Australia

MC (including acquisition shares): $20m at 2.4c/share
Currently estimated cash: $3m
Investments in listed shares (OGX, OGXOD & KAI): $4m
Enterprise value: $13m
Highlights
 Agreement to acquire 100% interest in high grade Cobalt–Base Metals Project in USA
  Project located in stable mining friendly state of Nevada, 700kms from Tesla’s
Gigafactory
  In the early 1920’s approximately 20 tons of cobalt rich ore was shipped from 4
separate copper mines to processing facilities. These shipments assayed between 6%
and 29% cobalt
  Mining identity Mr Klaus Eckhof appointed as Strategic Advisor to Tyranna
 Tyranna is well funded ($8 million cash & investments) to progress high impact exploration program to commence immediately on settlement of acquisition
  Project area surrounds ASX listed Longford Resources’ (ASX: LFR) (market
capitalisation of $42m) claims to the north & south
  No modern exploration techniques applied to project area
 Results pending from stream sediment & rock chip sampling program completed by
vendor
One high grade cobalt in US, currently under due diligence.


Several gold projects in Australia:


Broker data:
There were constant CR dumps via Pershing.