I'm not convinced that the MD would fork out $800k in the recent rights issue on rock chip sample results? Thinking more so, maybe the titanium is the wild card here with previous decent drilling intercepts of up to 10% TiO2.
SRN are currently drilling or about to drill into known high grade vanadium and titanium mineralisation. Importantly, titanium prices have also been tracking vanadium's recent price gains...
DYOR
Ann: Unaly Hill Vanadium Project Drilling Update, page-7
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